Why is Dolphin Offshore falling/rising?

As of 27-Jun, Dolphin Offshore Enterprises (India) Ltd is experiencing a price increase, currently at Rs 429.60, reflecting a rise of Rs 20.45 or 5.0%. The stock has shown strong performance recently, gaining 21.53% over the last four days and outperforming its sector by 3.94% today. Despite opening with a loss of 2.21%, it reached an intraday high of Rs 429.60. The stock's one-week return is notably high at 20.95%, while it has also outperformed the benchmark Sensex, which only increased by 2.00% during the same period. The company has demonstrated a strong ability to service its debt with a low Debt to EBITDA ratio of 1.17 times and has reported impressive growth in net sales and operating profit, contributing positively to its recent stock performance.
In the broader market context, while Dolphin Offshore has shown significant short-term gains, it has underperformed over the longer term, with a year-to-date decline of 25.67% compared to the Sensex's increase of 7.58%. Institutional investor participation has decreased, with a reduction of 8.38% in their stakes, which may indicate a lack of confidence among larger investors despite the company's recent positive results. Additionally, the stock's low return on capital employed (ROCE) of 4.32% raises concerns about its profitability, which could affect future investor sentiment. Overall, while the stock is currently rising, its long-term performance and institutional interest present challenges that could influence its future trajectory.