Why is DLF falling/rising?

As of 13-Aug, DLF Ltd. is experiencing a slight increase in its stock price, currently at 758.45, with a change of 2.2, representing a 0.29% rise. Despite this uptick, the stock has shown a negative performance over the past week and month, with declines of 0.89% and 6.93%, respectively. Additionally, DLF is trading below its moving averages across various time frames, indicating a potential bearish trend. However, there has been a rise in investor participation, with delivery volume increasing by 9.07% against the 5-day average, suggesting some renewed interest. The company has demonstrated strong fundamentals, including a low debt-to-equity ratio, significant growth in operating profit, and positive results over the last four quarters, which may be contributing to the current price movement.
In the broader market context, DLF's short-term performance contrasts with the Sensex, which has remained relatively flat with a decline of only 0.01% over the past week. While DLF's year-to-date performance is down by 8.03%, the Sensex has gained 3.07% in the same period, indicating that the stock is underperforming compared to the overall market. Despite the company's healthy long-term growth indicators and high institutional holdings, its valuation appears expensive relative to its peers, which may be causing some caution among investors. The stock's negative returns over the past year, despite rising profits, further complicate its outlook, suggesting that while there are positive factors at play, the overall sentiment remains cautious.