Why is ACME Solar Hold. falling/rising?

As of 15-Sep, ACME Solar Holdings Ltd is experiencing a decline in its stock price, currently at Rs. 311.20, which reflects a decrease of Rs. 7.65 or 2.4%. The stock has recently hit a new 52-week high of Rs. 324.25 but has underperformed its sector by 3.8% today. After three consecutive days of gains, the stock has reversed its trend, touching an intraday low of Rs. 309.15. Despite this short-term decline, the stock has shown strong performance over the past week and month, with returns of 3.23% and 12.55%, respectively. Positive factors contributing to the stock's overall health include significant growth in operating profit and strong quarterly results, which have attracted increased participation from institutional investors.
Broader Market Context: In comparison to the benchmark Sensex, ACME Solar's short-term performance has outpaced it, with a 1-week return of 3.23% against the Sensex's 1.24%. This indicates that while the stock is currently facing a decline, it has been performing well relative to the broader market in recent periods. The liquidity of the stock remains healthy, with a notable increase in delivery volume, suggesting ongoing interest from investors despite the recent price drop. Overall, while the stock is currently falling, its long-term growth prospects and institutional interest may provide a buffer against more significant declines.