Why is Deepak Fertiliz. falling/rising?

As of 03-Jul, Deepak Fertilizers & Petrochemicals Corp Ltd's stock price is currently at Rs. 1,729.00, reflecting a decrease of Rs. 11.5 or 0.66%. The stock has recently underperformed its sector by 0.36% and has been on a downward trend for the last two days, resulting in a total decline of 0.94% during this period. Despite touching a new 52-week high of Rs. 1,776.95 earlier in the day, the stock's performance over the past week shows an impressive increase of 8.63%, and it has generated a remarkable return of 133.11% over the past year. The company has demonstrated strong fundamentals, with high management efficiency and consistent positive results over the last three quarters, contributing to its long-term growth potential. However, the stock's recent decline may be attributed to falling investor participation, as indicated by a 7.5% drop in delivery volume compared to the five-day average.
Broader Market Context: In comparison to the benchmark Sensex, which has seen a slight decline of 0.62% over the past week, Deepak Fertilizers has outperformed with a return of 8.63%. This indicates that while the stock is facing short-term challenges, it has maintained a strong performance relative to the broader market. The company's high institutional holdings and positive growth metrics suggest that it remains a strong contender in the market, despite the recent price drop. The stock's valuation, while considered expensive, is trading at a discount compared to its peers, which may also contribute to its volatility in the short term.