Why is ACME Solar Hold. falling/rising?

As of 09-Sep, ACME Solar Holdings Ltd is experiencing a decline in its stock price, currently at Rs 300.10, which reflects a decrease of Rs 1.35 or 0.45%. The stock has shown a recent trend reversal, falling after two consecutive days of gains. Despite this, it remains close to its 52-week high, being only 4.9% away from Rs 314.8. The stock's performance over the past week has been strong, with a return of 4.56%, and a notable year-to-date increase of 27.38%. The company has reported healthy growth in operating profit and positive results over the last two quarters, which has contributed to rising investor participation, particularly from institutional investors who have increased their stake.
In the broader market context, ACME Solar's short-term performance has outpaced the Sensex, which has only returned 1.18% over the past week. The stock's liquidity appears sufficient for trading, with a significant increase in delivery volume noted. However, the recent price drop may be attributed to profit-taking after a period of gains, as well as the stock trading lower than its intraday high. Overall, while the stock has shown strong fundamentals and growth potential, the recent decline reflects typical market fluctuations and investor behavior following a rally.