Why is ACME Solar Hold. falling/rising?

As of 30-Jul, ACME Solar Holdings Ltd is currently priced at 278.85, reflecting a decrease of 7.85, or 2.74%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 5.22%. Today's performance indicates that it has underperformed its sector by 1.99%. Additionally, the stock has shown a 1-week decline of 2.53%, although it has performed well over the past month with an increase of 11.90%. The company has reported strong operating profit growth and positive quarterly results, which suggests healthy long-term growth potential. However, the recent price drop may be influenced by the stock's higher trading volume near its intraday low and the fact that it is currently below its 5-day moving averages.
In the broader market context, the stock's short-term performance has lagged behind the benchmark Sensex, which has decreased by 1.50% over the same week. Despite the recent downturn, institutional investors have increased their stake in ACME Solar Holdings by 0.53%, indicating confidence in the company's fundamentals. This growing institutional interest may provide some support for the stock in the long term, even as it faces short-term volatility. Overall, while the stock has shown promising growth metrics, the recent price decline reflects a combination of short-term market pressures and performance relative to its sector.