Why is Dolphin Offshore falling/rising?

As of 04-Jul, Dolphin Offshore Enterprises (India) Ltd is experiencing a decline in its stock price, currently at Rs 450.85, which reflects a decrease of Rs 23.15 or 4.88%. The stock has underperformed its sector by 5.83% today and has been on a consecutive downward trend for the last two days, with a total decline of 5.88% during this period. Despite trading above its moving averages for 5, 20, 50, 100, and 200 days, the stock has seen a significant drop in investor participation, with delivery volume falling by 37.9% compared to the 5-day average. Over the past year, the stock has declined by 35.07%, contrasting sharply with the Sensex, which has increased by 4.23%.
In the broader market context, while Dolphin Offshore's short-term performance has been negative, the benchmark Sensex has shown a slight decline of 0.74% over the past week, indicating a relatively stable market environment. However, the company's strong fundamentals, such as a low Debt to EBITDA ratio of 1.17 times and impressive growth in net sales and operating profit, suggest potential for recovery. The company has consistently reported positive results over the last four quarters, which may provide a foundation for future stock performance, despite the current downward trend.