Why is ACME Solar Hold. falling/rising?

As of 22-Jul, ACME Solar Holdings Ltd is experiencing a decline in its stock price, currently at 283.50, which reflects a decrease of 3.1 points or 1.08%. Despite this drop, the stock has shown positive performance over the past month with a return of 14.85%, significantly outperforming the Sensex, which has decreased by 0.27% in the same period. Today's performance indicates that ACME Solar is underperforming its sector by 0.98%, although it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a rise in investor participation, with delivery volume increasing by 6.65% compared to the 5-day average, suggesting a healthy interest in the stock despite the current price decline. The company has also shown strong financial growth, with operating profit increasing at an annual rate of 91.03% and a substantial rise in profit before tax.
In the broader market context, ACME Solar's short-term return of 0.12% over the past week contrasts with the Sensex's decline of 0.47%, indicating that the stock has been relatively resilient compared to the overall market. The increase in institutional investor participation, with a 0.53% rise in their stake, reflects confidence in the company's fundamentals, as these investors typically have more resources to analyze market conditions. This growing institutional interest may help stabilize the stock's price in the long term, despite the current downward movement. Overall, while ACME Solar is facing a short-term price decline, its strong financial performance and increasing institutional support suggest potential for recovery.