Why is Dolphin Offshore falling/rising?

As of 24-Jul, Dolphin Offshore Enterprises (India) Ltd is experiencing a decline in its stock price, currently at 453.70, which reflects a decrease of 4.55 points or 0.99%. Today's price summary indicates that the stock opened with a gain of 4.08% but has since fallen after two consecutive days of gains, demonstrating high volatility with an intraday fluctuation of 5.02%. Despite this drop, the stock has outperformed its sector by 0.26%. Over the past week, the stock has decreased by 0.94%, while it has shown a significant increase of 22.24% over the past month. The company has demonstrated strong financial health, with a low Debt to EBITDA ratio of 0.98 times and impressive growth in net sales and operating profit, which may support investor confidence despite the recent price decline.
In the broader market context, Dolphin Offshore's recent performance contrasts with the Sensex, which has only seen a minor decline of 0.09% over the past week. While the stock has underperformed year-to-date with a drop of 21.51% compared to the Sensex's gain of 5.18%, its long-term growth potential remains strong, as indicated by a remarkable annual growth rate in net sales of 1,044.00%. This suggests that while short-term fluctuations are affecting the stock price, the underlying fundamentals may provide a basis for recovery in the future.