Why is Diamond Power falling/rising?

As of 11-Aug, Diamond Power Infrastructure Ltd's stock price is currently at Rs 157.95, reflecting an increase of Rs 3.85 or 2.5%. The stock has shown a trend reversal, gaining after three consecutive days of decline, and it outperformed its sector by 3.06% today. The stock reached an intraday high of Rs 160.25, indicating positive momentum, although it also touched a low of Rs 150.45. Over the past week, the stock has decreased by 4.36%, but it has generated a return of 4.98% over the last year, outperforming the BSE500 index in both the long and near term. Positive factors contributing to the stock's rise include consistent positive results over the last seven quarters, significant growth in net sales, and a strong inventory turnover ratio. However, the company faces challenges such as a negative book value and a high debt-to-equity ratio, which may raise concerns for investors.
In the broader market context, the stock's short-term performance has been less favorable compared to the benchmark, with a 4.36% decline over the past week versus a 0.51% decline in the Sensex. Despite this, the stock has shown resilience with a year-to-date return of 3.54%, slightly ahead of the Sensex's 3.15%. The recent increase in investor participation, indicated by a rise in delivery volume, suggests growing interest in the stock, which may counterbalance some of the negative sentiment stemming from the company's long-term fundamental weaknesses and reducing promoter confidence.