Why is DMCC Speciality falling/rising?

As of 08-Sep, DMCC Speciality Chemicals Ltd is currently priced at 306.20, reflecting a decrease of 0.8 or 0.26%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 5.49% during this period. Additionally, the stock has underperformed its sector by 0.77% today. Over the past week, DMCC has experienced a decline of 2.08%, and its year-to-date performance shows a significant drop of 17.24%, contrasting with a positive return of 7.06% over the past year. Despite strong financial results, including a remarkable growth in net profit and a low debt-to-EBITDA ratio, the stock's recent price movement indicates a lack of investor confidence, as evidenced by a 27.84% decrease in delivery volume compared to the five-day average.
In the broader market context, DMCC's recent performance has been notably weaker than the benchmark, with the Sensex gaining 0.53% over the past week and 3.39% year-to-date. This underperformance is further highlighted by the stock's negative returns compared to the market's overall performance, which has generated negative returns of -3.07% in the last year. While institutional investors have increased their stake, suggesting some level of confidence in the company's fundamentals, the overall market sentiment appears to be weighing heavily on DMCC's stock price, contributing to its recent decline.