Why is Dolphin Offshore falling/rising?

As of 03-Jul, Dolphin Offshore Enterprises (India) Ltd is experiencing a decline in its stock price, currently at Rs 474.00, which reflects a decrease of Rs 5.0 or 1.04%. Today's price summary indicates that the stock has underperformed its sector by 1.24% and has reversed its trend after seven consecutive days of gains. The stock reached an intraday high of Rs 490 but fell to a low of Rs 465, with more trading volume occurring near the lower price. Despite this drop, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company has shown strong financial performance with a low Debt to EBITDA ratio and impressive growth in net sales and operating profit, which could support its long-term stability despite the recent price decline.
In the broader market context, Dolphin Offshore's short-term performance over the past week has been significantly better than the benchmark Sensex, with a return of +15.85% compared to the Sensex's -0.62%. However, the stock's year-to-date performance shows a decline of -17.99%, while the Sensex has gained +6.53%. This contrast highlights the volatility of Dolphin Offshore's stock, which, despite its strong fundamentals and positive quarterly results, is currently facing selling pressure and reduced investor participation, as indicated by the drop in delivery volume.