Why is ACME Solar Hold. falling/rising?

As of 19-Sep, ACME Solar Holdings Ltd is experiencing a decline in its stock price, currently at Rs 294.75, reflecting a decrease of Rs 9.1 or 2.99%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total return of -7.56% over that period. Today's trading saw the stock reach an intraday low of Rs 292.35, and there has been a significant drop in investor participation, with delivery volume decreasing by 64.68% compared to the five-day average. Despite this recent downturn, the company has shown healthy long-term growth, with operating profit increasing at an annual rate of 91.03%, and it has reported positive results in the last two quarters, including a record PAT of Rs 142.77 crore.
In the broader market context, the stock's short-term performance has notably lagged behind the benchmark Sensex, which has gained 0.88% over the past week while ACME Solar has dropped 7.56%. This underperformance highlights a challenging environment for the stock, despite the increasing participation from institutional investors, who have raised their stake by 0.53% in the last quarter. Their involvement suggests a level of confidence in the company's fundamentals, which may provide some support for the stock in the long run, but the immediate market sentiment appears to be negative, contributing to the recent price decline.