Why is Dilip Buildcon falling/rising?

As of 18-Sep, Dilip Buildcon Ltd. is experiencing a decline in its stock price, currently at Rs. 572.75, which reflects a decrease of -2.35 or -0.41%. The stock had reached a new 52-week high of Rs. 581.35 earlier in the day but has since fallen after six consecutive days of gains. Despite this recent downturn, the stock has shown strong performance over various periods, with a 1-week return of +10.31% and a year-to-date return of +27.65%. However, there is a notable decrease in investor participation, with delivery volume dropping by -67.22% compared to the 5-day average, which may indicate waning interest among investors. Additionally, while the stock has a very attractive valuation with a high return on capital employed (ROCE) of 13.4%, the recent decrease in promoter holding to 63.14% raises concerns about long-term confidence in the company.
In the broader market context, Dilip Buildcon's recent performance has outpaced the benchmark Sensex, which has only increased by +1.80% over the past week. However, the stock's decline today contrasts with its overall strong returns compared to the benchmark, suggesting that while the stock has been performing well, the current drop may be a correction after a significant rally. The company's fundamentals show mixed signals, with a high debt-to-EBITDA ratio indicating potential challenges in servicing debt, alongside a recent decline in profit after tax and net sales. This combination of factors may contribute to the stock's current volatility and the observed price drop.