Why is ACME Solar Hold. falling/rising?

As of 23-Sep, ACME Solar Holdings Ltd is experiencing a decline in its stock price, currently at Rs 287.60, which reflects a decrease of Rs 10.4 or 3.49%. The stock has underperformed its sector today by 1.75%, with an intraday high of Rs 305.5 and a low of Rs 282.2. Over the past week, the stock has seen a significant drop of 7.36%, while its performance over the last month shows a slight decline of 1.03%. Despite a healthy long-term growth rate in operating profit and positive results in the last two quarters, the stock's recent movement is affected by falling investor participation, as evidenced by an 18.32% decrease in delivery volume compared to the 5-day average.
In the broader market context, the Sensex has only declined by 0.34% over the past week, indicating that ACME Solar's short-term performance is notably weaker than the benchmark. While institutional investors have increased their stake in the company, reflecting confidence in its fundamentals, the overall market sentiment appears to be impacting the stock negatively. The stock's current price is also lower than its 5-day, 20-day, and 50-day moving averages, suggesting a bearish trend in the short term despite its strong long-term growth indicators.