Why is Diamond Power falling/rising?

As of 24-Jul, Diamond Power Infrastructure Ltd's stock price is currently at Rs 165.45, reflecting a decrease of Rs 2.15 or 1.28%. The stock has shown a decline of 5.65% over the past week, while it has performed positively over the last month with a return of 50.34%. Despite the recent drop, the company has reported positive results for the last six consecutive quarters, with a significant growth in PAT and net sales. However, the stock is also facing challenges due to a negative book value and high debt levels, which contribute to its perceived riskiness among investors. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 34.05% compared to the five-day average.
In the broader market context, the Sensex has only decreased by 0.09% over the past week, indicating that Diamond Power's decline is more pronounced than the overall market trend. While the stock has outperformed the benchmark in the long term, generating a return of 32.96% over the past year compared to the Sensex's 2.54%, the recent performance suggests a divergence in investor sentiment. The lack of domestic mutual fund investment, which stands at 0%, may reflect a cautious outlook on the stock's valuation and long-term fundamentals, further influencing its current downward movement.