Why is ACME Solar Hold. falling/rising?

As of 08-Aug, ACME Solar Holdings Ltd is experiencing a decline in its stock price, currently at Rs 271.00, which represents a decrease of Rs 5.45 or 1.97%. Today's price summary indicates that the stock underperformed its sector by 0.46%, with an intraday low of Rs 268.5, reflecting a drop of 2.88%. Over the past week, the stock has seen a return of -2.17%, while it has performed better over the past month with a gain of 4.67%. Despite this recent downturn, the company has shown strong long-term growth, with operating profit increasing at an annual rate of 91.03%. Additionally, the company has reported positive results for the last two consecutive quarters, including a significant growth in profit before tax and net sales, which may provide some support for the stock despite its current decline.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has declined by only 0.92% over the past week. This suggests that while ACME Solar Holdings Ltd is facing specific challenges, the overall market is also experiencing some downward pressure. However, the stock has shown a strong year-to-date return of 15.03% compared to the Sensex's 2.20%, indicating that it has outperformed the market significantly in the longer term. The increasing participation of institutional investors, who have raised their stake in the company, may also provide a positive outlook for future performance, despite the current price drop.