Why is DEE Development falling/rising?

As of 24-Sep, DEE Development Engineers Ltd is experiencing a decline in its stock price, currently at Rs 276.50, which reflects a decrease of 2.05 (-0.74%). The stock has been on a downward trend, having fallen for the last six consecutive days, resulting in a total drop of 7.93% during this period. Although it outperformed its sector by 0.55% today, the stock's performance over the past week shows a significant decline of 6.13%, while its year-to-date return stands at -9.73%. Despite the negative short-term performance, the company has demonstrated 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 may provide some support for the stock's valuation.
In the broader market context, the Sensex has experienced a decline of 1.18% over the past week, indicating that the stock's short-term performance is worse than the benchmark. While the stock has shown some resilience with a slight positive return of 0.44% over the past month compared to the Sensex's 0.50%, the overall trend remains negative. The falling investor participation, as indicated by a 53.88% drop in delivery volume, suggests a lack of confidence among investors, which could further contribute to the stock's downward pressure.