Why is ACME Solar Hold. falling/rising?

As of 26-Aug, ACME Solar Holdings Ltd is experiencing a decline in its stock price, currently at Rs 285.55, which represents a decrease of Rs 18.1 or 5.96%. Today's price summary indicates that the stock has underperformed its sector by 5.16% and has fallen after two consecutive days of gains. The stock touched an intraday low of Rs 284, reflecting a decline of 6.47%. Despite this drop, the stock has shown positive returns over the past week and month, with increases of 0.78% and 5.66%, respectively. The company has reported healthy long-term growth, with significant increases in operating profit and net sales over the last two quarters, which may contribute to investor confidence despite the current price drop.
In the broader market context, the stock's performance over the past week has outpaced the Sensex, which has declined by 1.05%, while ACME Solar has gained 0.78%. However, the stock's recent volatility, with an intraday volatility of 5.62%, suggests that market conditions may be affecting investor sentiment. Additionally, the increasing participation by institutional investors, who have raised their stake in the company, indicates a positive outlook for the stock's fundamentals, even as it faces short-term price pressures. Overall, while the stock is currently falling, its strong growth metrics and institutional interest may provide a foundation for recovery in the future.