Why is Dolphin Offshore falling/rising?

As of 11-Aug, Dolphin Offshore Enterprises (India) Ltd is experiencing a price increase, currently at Rs 403.00, reflecting a rise of Rs 13.00 or 3.33%. Today's price summary indicates that the stock opened with a gain of 3.85% and reached an intraday high of Rs 405. Despite a recent decline in delivery volume, which fell by 66.77% against the 5-day average, the stock outperformed its sector by 2.32%. Over the past week, the stock has seen a decline of 2.15%, and over the past month, it has decreased by 10.01%. However, 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 have increased significantly over the last six months.
In the broader market context, the Sensex has shown a slight decline of 0.51% over the past week, while Dolphin Offshore's performance has been notably worse over the longer term, with a year-to-date decline of 30.28% compared to the Sensex's gain of 3.15%. Despite these challenges, the company's consistent positive results over the last five quarters and its robust ability to service debt may provide a foundation for future recovery. The stock's long-term growth potential, evidenced by a staggering annual growth rate in net sales of 1,044.00%, suggests that while the stock has faced recent pressures, its fundamentals remain strong, potentially supporting its current upward movement.