Why is ACME Solar Hold. falling/rising?

As of 04-Aug, ACME Solar Holdings Ltd is experiencing a slight increase in its stock price, currently at 276.60, with a change of 0.05 (0.02%) upwards. The stock has shown a trend reversal, gaining after four consecutive days of decline. Despite a recent 5.98% drop over the past week, it has performed well over the past month with a 10.77% increase. The company has reported strong financial results in the last two quarters, with significant growth in operating profit and net sales, which has likely contributed to the positive sentiment around the stock. Additionally, there has been an increase in institutional investor participation, which may indicate confidence in the company's long-term prospects.
In the broader market context, while ACME Solar's recent performance has outpaced the sector by 0.66%, it is important to note that the benchmark Sensex has only increased by 0.16% over the past week. This suggests that the stock's short-term recovery is relatively stronger compared to the overall market. However, the stock's delivery volume has seen a significant decline of 65.82% against the 5-day average, indicating a potential concern regarding investor participation. Overall, while the stock is currently rising, the mixed signals from trading volume and recent performance against the benchmark highlight the need for cautious optimism.