Why is ACME Solar Hold. falling/rising?

As of 01-October, ACME Solar Holdings Ltd is experiencing a price increase, currently at Rs 287.60, reflecting a rise of Rs 11.15 or 4.03%. The stock has outperformed its sector by 3.35% today, reaching an intraday high of Rs 289.7. Over the past week, the stock has shown a return of +1.25%, and for the month, it has increased by +1.75%. Despite a decline in delivery volume by 23.69% compared to the 5-day average, the stock remains liquid enough for trading. Positive financial results in the last two quarters, including a significant growth in operating profit and net sales, along with increased institutional investor participation, have contributed to the stock's upward movement.
In the broader market context, the Sensex has declined by 0.90% over the past week, contrasting with ACME Solar's positive performance. This indicates that the stock is not only rising in isolation but is also gaining traction against a backdrop of a generally declining market. The company's strong fundamentals, evidenced by a 148.3% growth in profit before tax and a 91.03% annual growth rate in operating profit, further bolster investor confidence, particularly among institutional investors who have increased their stake in the company.