Why is Dolfin Rubbers falling/rising?

As of 16-Oct, Dolfin Rubbers Ltd is experiencing a decline in its stock price, currently at Rs. 181.90, which represents a decrease of Rs. 8.05 or 4.24%. The stock has hit a new 52-week low of Rs. 180.05 today and has underperformed its sector by 5.35%. Over the past week, the stock has fallen by 4.26%, and its performance over the last month shows a decline of 9.05%. Additionally, the stock is trading below all key moving averages, indicating a bearish trend. The recent drop follows two days of gains, and there has been a significant decrease in investor participation, with delivery volume falling by 83.1% compared to the 5-day average. Despite a high return on capital employed (ROCE) of 15.23% and a low debt-to-equity ratio of 0.50, the company has shown poor long-term growth, with operating profit growing at an annual rate of only 17.82% over the last five years.
In the broader market context, Dolfin Rubbers has underperformed the Sensex, which has gained 1.58% over the past week, while Dolfin's stock has declined. The company has generated a return of -20.55% over the past year, contrasting sharply with the Sensex's increase of 2.41% during the same period. This underperformance is compounded by flat results reported in June and a significant drop in profits by 14.9% over the past year. The stock is trading at a discount compared to its peers' average historical valuations, which may indicate an expensive valuation despite its high management efficiency. Overall, the combination of poor recent performance, declining investor interest, and unfavorable comparisons to the broader market contributes to the stock's current downward trajectory.