Why is DEE Development falling/rising?

As of 01-Sep, DEE Development Engineers Ltd is currently priced at 268.15, reflecting an increase of 0.9 or 0.34%. Despite this slight uptick, the stock has underperformed its sector by 0.78% today and has shown a negative return of -3.89% over the past week and -2.95% over the past month. The stock has been gaining for the last two days, with a total return of 0.62% during this period. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, investor participation has decreased, with delivery volume falling by 31.23% compared to the 5-day average. While the company has demonstrated healthy long-term growth with an annual operating profit increase of 53.79%, the stock has generated a return of -22.30% over the past year, despite profits rising by 66%.
In the broader market context, DEE Development's recent performance contrasts with the Sensex, which has seen a decline of only 1.56% over the past week and a marginal drop of 0.29% over the past month. This indicates that while the stock has experienced a slight rise today, it is still lagging behind the overall market performance. The stock's negative returns year-to-date and over the past year highlight a challenging environment for investors, despite the attractive valuation and growth in profits. The majority ownership by promoters may provide some stability, but the current liquidity and declining investor participation suggest caution among market participants.