Why is Diamond Power falling/rising?

As of 02-Jul, Diamond Power Infrastructure Ltd is experiencing a price increase, currently at Rs 139.00, which reflects a change of 1.0 (0.72%) upward. The stock has shown strong performance recently, with a 19.31% increase over the past week and a 25.79% increase over the past month, significantly outperforming the Sensex, which has only risen by 0.79% and 2.50% in the same periods, respectively. Additionally, the company has reported positive results for the last six consecutive quarters, with a notable growth in profit after tax and a high inventory turnover ratio. However, it is important to note that the stock has a negative book value and a high debt-to-equity ratio, indicating potential long-term risks despite its recent performance.
In the broader market context, Diamond Power's recent gains have allowed it to outperform the benchmark indices in both the short and long term, particularly over the last three years where it has achieved an extraordinary return of 78,431.07%. While the stock's liquidity remains adequate for trading, there has been a significant drop in investor participation, with delivery volume decreasing by 54.26% against the five-day average. This decline in participation, coupled with the company's weak long-term fundamentals and lack of domestic mutual fund investment, suggests that while the stock is currently rising, there are underlying concerns that could affect its sustainability in the future.