Why is DLF falling/rising?

As of 07-Aug, DLF Ltd. is experiencing a decline in its stock price, currently at Rs 759.00, which reflects a decrease of Rs 6.25 or 0.82%. The stock has underperformed its sector by 0.66% today and has been on a consecutive downward trend for the last three days, resulting in a total decline of 4.37% during this period. Over the past week, DLF's stock has decreased by 3.21%, and it has also shown a significant drop of 8.71% over the past month, while its year-to-date performance is down by 7.96%. Despite these declines, the company has demonstrated strong fundamentals, including a low debt-to-equity ratio of 0.05, consistent growth in operating profit at an annual rate of 24.33%, and positive results over the last four quarters, which may indicate underlying strength that could support future recovery.
In the broader market context, DLF's recent performance contrasts with the Sensex, which has only declined by 0.69% over the past week and has gained 3.18% year-to-date. This suggests that DLF is underperforming relative to the overall market. While the stock has high institutional holdings at 20.99%, indicating confidence from larger investors, its valuation appears expensive with a Price to Book Value of 4.4, and it has generated a negative return of 10.24% over the past year despite a significant profit increase. This combination of factors may contribute to investor caution, leading to the stock's current downward trajectory.