Why is Onix Solar falling/rising?

As of 08-Aug, Onix Solar Energy Ltd is experiencing a decline in its stock price, currently at Rs 461.10, which reflects a decrease of Rs 9.4 or 2.0%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total decline of 9.59% over the past week. Today, it opened with a loss of 2% and reached an intraday low of Rs 461.10, indicating a lack of upward momentum. Additionally, the stock's delivery volume has decreased by 18.52% compared to its five-day average, suggesting a drop in investor participation. While the stock remains above its 20-day, 50-day, 100-day, and 200-day moving averages, it is currently below its 5-day moving average, indicating a short-term weakness.
In the broader market context, the Sensex has only declined by 0.92% over the past week, highlighting that Onix Solar's performance is significantly worse than the benchmark. Despite a strong year-to-date return of 99.91% and an impressive 379.56% increase over the past year, the recent short-term performance contrasts sharply with these longer-term gains. The stock's recent struggles, particularly in the context of falling investor participation and underperformance against the sector, suggest that market sentiment may be shifting, contributing to the current decline in its stock price.