Why is DHP India falling/rising?

As of 30-Jun, DHP India Ltd. is experiencing a decline in its stock price, currently at Rs 689.55, which reflects a decrease of Rs 15.45 or 2.19%. Today's price summary indicates that the stock has underperformed its sector by 2.31%, with an intraday high of Rs 735 and a low of Rs 661, showcasing significant volatility with a wide trading range of Rs 74. Despite a positive trend in the short term, with a 4.48% increase over the past week and an 8.99% rise over the past month, the stock has faced challenges, including a poor long-term growth outlook with a -15.44% annual rate of operating profit growth over the last five years. While the company reported a remarkable net profit growth of 6507.14% in March 2025, the stock's performance over the past year has been negative at -5.22%, indicating a disconnect between its strong financial results and market perception.
In the broader market context, DHP India has outperformed the benchmark Sensex in the short term, with a 1-week return of 4.48% compared to the Sensex's 2.09%. However, the stock has consistently underperformed against the benchmark over the last three years, which may be contributing to investor caution. The stock's attractive valuation, with a low debt-to-equity ratio and a price-to-book value of 0.8, suggests potential for recovery, but the persistent underperformance and high volatility may deter investors. Overall, while there are positive indicators such as rising investor participation and strong quarterly results, the recent price decline reflects ongoing concerns about long-term growth and market sentiment.