Why is Diamond Power falling/rising?

As of 22-Sep, Diamond Power Infrastructure Ltd's stock is currently priced at 162.00, reflecting a slight increase of 0.15 (0.09%). The stock has shown strong performance recently, outperforming its sector by 0.9% today and achieving a consecutive gain over the last two days, with a total return of 7% during this period. Additionally, the stock has consistently outperformed the benchmark Sensex, with a 1-week return of 2.27% compared to the Sensex's 0.46%, and a 1-month return of 10.50% versus 1.05% for the Sensex. The company has reported positive results for the last seven consecutive quarters, with net sales growing by 77.42% in the latest six months, a high inventory turnover ratio, and a low debt-equity ratio, which have all contributed to the stock's upward movement.
Broader Market Context: The stock's recent performance is notably strong in comparison to the broader market, as it has generated an 18.77% return over the past year while the Sensex has declined by 2.82%. This indicates that Diamond Power has not only been resilient but has also capitalized on market conditions better than its peers. However, it is important to note that the company has a negative book value and a high average debt-to-equity ratio, which raises concerns about its long-term fundamental strength. Additionally, a decrease in promoter confidence, with a reduction in their stake, may pose risks to future growth, despite the current positive momentum in stock performance.