Why is Diamond Power falling/rising?

As of 01-Jul, Diamond Power Infrastructure Ltd is currently priced at 138.00, reflecting a decrease of 0.2, or 0.14%. The stock has recently experienced a trend reversal, falling after seven consecutive days of gains. Despite this decline, it has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend prior to this drop. The stock has shown strong performance in the long term, with a remarkable 77,866.10% increase over the last three years, although it has underperformed the sector today by 0.33%. Positive factors include consistent growth in net profit and sales, as well as a high inventory turnover ratio, which have contributed to its recent strong performance. However, the company also faces challenges, such as a negative book value and high debt levels, which may raise concerns among investors.
In the broader market context, Diamond Power's short-term performance has significantly outpaced the benchmark Sensex, with a 25.40% increase over the past week compared to the Sensex's 2.00% rise. While the stock has generated a return of 4.81% over the past year, it is important to note that its long-term fundamentals are weak, as indicated by declining net sales and low profitability metrics. Additionally, the lack of investment from domestic mutual funds may reflect a cautious sentiment regarding the stock's valuation and business stability. Overall, while the stock has shown impressive short-term gains, the recent decline may be attributed to profit-taking after a strong rally and underlying concerns about its long-term financial health.