Why is Duncan Engg. falling/rising?

As of 28-Jul, Duncan Engineering Ltd is experiencing a decline in its stock price, currently at Rs 513.00, which reflects a decrease of Rs 38.7 or 7.01%. The stock has underperformed its sector by 6.53% today and has fallen after two consecutive days of gains. Despite opening with a gain of 2.41% and reaching an intraday high of Rs 565, it has also touched a low of Rs 512.55, indicating significant volatility with a wide trading range of Rs 52.45. Over the past month, the stock has shown a positive return of 20.62%, contrasting with a year-to-date increase of 1.59%, but it has declined by 16.37% over the past year. The company benefits from high management efficiency, reflected in a return on equity (ROE) of 18.12%, and maintains a low debt-to-equity ratio, which are positive factors that could support its stock price in the long term.
In the broader market context, the stock's short-term performance over the past week shows a slight decline of 0.10%, while the benchmark Sensex has fallen by 1.59%, indicating that Duncan Engineering has outperformed the benchmark in this timeframe. However, the recent drop in stock price may be influenced by the overall market sentiment and sector performance. The rising investor participation, with a 28.43% increase in delivery volume, suggests growing interest, but the current price movement indicates that this interest has not yet translated into sustained upward momentum.