Why is Dolphin Offshore falling/rising?

As of 08-Jul, Dolphin Offshore Enterprises (India) Ltd is experiencing a decline in its stock price, currently at 445.55, which reflects a decrease of 8.35 points or 1.84%. The stock has underperformed its sector today by 1.85%, with trading volume skewed towards lower prices. Over the past week, the stock has decreased by 4.08%, while it has shown a modest increase of 6.60% over the past month. However, the year-to-date performance is concerning, with a significant drop of 22.92%. Despite the company demonstrating strong growth in net sales and positive results over the last four quarters, it suffers from poor management efficiency, as indicated by a low return on capital employed (ROCE) of 4.32%. Additionally, a decrease in institutional investor participation and a high enterprise value to capital employed ratio contribute to the stock's negative sentiment.
In the broader market context, the Sensex has remained relatively stable, with a slight increase of 0.02% over the past week and a gain of 1.85% over the last month. In contrast, Dolphin Offshore's short-term performance has been notably weaker, highlighting its struggle to keep pace with the benchmark. The stock's one-year return of -33.65% starkly contrasts with the market's positive return of 1.98%, further emphasizing its underperformance. This divergence suggests that while the overall market is experiencing growth, Dolphin Offshore is facing significant challenges that are impacting investor confidence and leading to its declining stock price.