Why is Diamond Power falling/rising?

As of 07-Aug, Diamond Power Infrastructure Ltd is experiencing a decline in its stock price, currently at Rs 156.25, which reflects a decrease of Rs 2.9 or 1.82%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 6.38% during this period. Additionally, the stock touched an intraday low of Rs 150, indicating significant selling pressure. The delivery volume has also decreased sharply by 47.28% compared to the 5-day average, suggesting a drop in investor participation. While the stock's performance over the past month shows a positive return of 7.57%, it has underperformed the sector today by 2.12%.
In the broader market context, the stock's short-term performance contrasts with the benchmark Sensex, which has only declined by 0.69% over the past week. Although Diamond Power has shown positive returns year-to-date and over the past year, its recent performance indicates a struggle against both market sentiment and investor engagement. The stock's liquidity remains adequate for trading, but the recent trends in falling prices and reduced trading volume may reflect broader concerns among investors regarding its near-term prospects.