Why is Diamond Power falling/rising?

As of 05-Aug, Diamond Power Infrastructure Ltd is experiencing a price increase, currently at Rs 167.30, which reflects a rise of Rs 2.15 or 1.3%. The stock has shown strong performance today, outperforming its sector by 1.08% and reaching an intraday high of Rs 169.5, marking a 2.63% increase. Additionally, the stock has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there has been a decline in investor participation, with delivery volume falling by 7.16% compared to the 5-day average. The stock has also demonstrated impressive returns over various periods, including a 19.93% increase over the past month, significantly outperforming the Sensex, which declined by 3.26%.
In the broader market context, Diamond Power's short-term return of 1.30% over the past week contrasts sharply with the Sensex, which has decreased by 0.77% during the same period. This indicates that while the overall market may be facing challenges, Diamond Power is managing to attract investor interest and maintain upward momentum. The stock's remarkable long-term performance, including a staggering 90,332.43% increase over three years, further underscores its resilience and appeal in a fluctuating market environment.