Why is DEE Development falling/rising?

As of 04-Aug, DEE Development Engineers Ltd is experiencing a decline in its stock price, currently at Rs 268.15, reflecting a decrease of Rs 8.3 or 3.0%. The stock has underperformed its sector by 1.72% today and has been on a downward trend for the last three days, accumulating a total loss of 7.33% during this period. Additionally, the stock's performance over the past week shows a significant decline of 8.50%, while it has dropped 14.33% over the past month and 24.89% over the past year. Despite these declines, the company has reported healthy long-term growth, with operating profit increasing at an annual rate of 53.79%, and profits rising by 66% over the past year, which suggests underlying strength in its financials.
In the broader market context, the Sensex has shown a slight increase of 0.16% over the past week, contrasting with DEE Development's significant decline. The stock's recent performance indicates a lack of investor confidence, as evidenced by a 32.15% drop in delivery volume compared to the five-day average. Although the stock has a favorable valuation with a high operating profit to interest ratio and strong net sales, the recent price movements suggest that market sentiment is currently negative, overshadowing the company's positive financial indicators.