Why is Diamond Power falling/rising?

As of 06-Aug, Diamond Power Infrastructure Ltd is experiencing a decline in its stock price, currently at Rs 158.60, which represents a decrease of Rs 8.3 or 4.97%. The stock has underperformed its sector by 3.88% today, touching an intraday low of Rs 158.60. The trading volume has also seen a significant drop, with delivery volume falling by 55.71% against the 5-day average. Despite having higher prices than the 50-day, 100-day, and 200-day moving averages, the stock is lower than its 5-day and 20-day moving averages, indicating a short-term weakness. Over the past month, the stock has shown a positive return of 13.69%, contrasting with the Sensex's decline of 3.46%, but the recent performance suggests a shift in investor sentiment.
In the broader market context, while Diamond Power has outperformed the Sensex on a year-to-date basis with a return of 3.97% compared to the Sensex's 3.08%, the recent decline indicates a potential shift in market dynamics. The stock's performance over the past week has been negative at -3.20%, while the Sensex has only declined by 1.15%, highlighting a relative weakness in the stock. This underperformance, combined with falling investor participation and liquidity concerns, suggests that investors may be reassessing their positions in Diamond Power, contributing to the current downward trend in its stock price.