Why is DLF falling/rising?

As of 08-Aug, DLF Ltd. is experiencing a decline in its stock price, currently at Rs 746.95, which reflects a decrease of Rs 12.05 or 1.59%. The stock has been on a downward trend, having fallen consecutively for the last four days, resulting in a total decline of 5.88% during this period. Additionally, DLF's performance over the past week shows a decrease of 3.89%, and over the past month, it has dropped by 11.37%. Despite these declines, the company has demonstrated strong fundamentals, including a low debt-to-equity ratio and significant growth in operating profit, net sales, and positive results over the last four quarters. However, the stock's valuation appears expensive relative to its peers, which may be contributing to the recent price drop.
In the broader market context, DLF's performance has underperformed the benchmark Sensex, which has only declined by 0.92% over the past week. The construction and real estate sector, in which DLF operates, has also seen a decline of 2.04%. Despite the stock's recent struggles, there has been a notable increase in investor participation, with delivery volume rising significantly. This suggests that while the stock is currently facing downward pressure, there is still interest from investors, particularly institutional ones, who may be better positioned to analyze the company's fundamentals.