Why is Dolphin Offshore falling/rising?

As of 31-Jul, Dolphin Offshore Enterprises (India) Ltd is experiencing a decline in its stock price, currently at 433.40, which reflects a decrease of 4.15 points or 0.95%. The stock has underperformed in the short term, with a 1-week return of -4.47% and a 1-month return of -6.70%. Despite outperforming its sector by 0.46% today, the stock's performance is overshadowed by its significant year-to-date decline of -25.02% and a staggering 1-year drop of -39.64%. The company has shown strong financial metrics, including a low Debt to EBITDA ratio of 0.98 times and impressive growth in net sales and operating profit. However, it also faces challenges such as poor management efficiency indicated by a low ROCE of 8.93% and a decrease in institutional investor participation.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as the Sensex has only declined by 1.22% over the past week and 3.00% over the past month. This highlights the stock's significant underperformance relative to the market, which has generated negative returns of -3.20% over the last year compared to Dolphin Offshore's much steeper decline. The falling participation from institutional investors, who have reduced their stake by 1.16%, further exacerbates the stock's challenges, as these investors typically have more resources to analyze the company's fundamentals. Overall, while the company has demonstrated strong growth metrics, the combination of poor management efficiency and declining institutional interest has contributed to the stock's downward trajectory.