Why is ACME Solar Hold. falling/rising?

As of 16-Jul, ACME Solar Holdings Ltd is currently priced at 279.55, reflecting a decrease of 3.6 or 1.27%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 5.41% during this period. Despite this recent downturn, the stock has shown strong performance over the past week and month, with returns of 6.23% and 15.18%, respectively. However, it is noteworthy that the stock is currently trading above its moving averages across various time frames, indicating a generally positive long-term trend. The recent drop in delivery volume, which has decreased by 45.87% against the five-day average, suggests a decline in investor participation, which may be contributing to the stock's current price movement.
In the broader market context, ACME Solar's recent performance contrasts with the Sensex, which has seen a decline of 1.08% over the past week. While the stock has outperformed the benchmark in the longer term, with an 18.65% year-to-date return compared to the Sensex's 5.75%, the short-term underperformance may be affecting investor sentiment. The company's strong fundamentals, including a significant annual growth rate in operating profit and high net sales, indicate healthy long-term growth potential, which could support a recovery in the stock price once the current selling pressure subsides.