Why is Onix Solar falling/rising?

As of 21-Aug, Onix Solar Energy Ltd's stock price is currently at 423.30, reflecting a decline of 22.25 points, or 4.99%. The stock has been underperforming recently, having fallen consecutively for the last two days, resulting in a total drop of 9.73% during this period. Today, it opened with a loss of 4.99% and reached an intraday low of 423.30, although it did touch a high of 458.9 earlier in the day. Despite this recent downturn, the company has shown significant growth in net sales, with a 94.24% increase reported in June, and has delivered positive results for the last three consecutive quarters, which may support a long-term bullish outlook.
In the broader market context, Onix Solar's short-term performance has lagged behind the Sensex, which has gained 1.74% over the past week while Onix has decreased by 0.49%. This underperformance is notable, especially given the stock's impressive year-to-date return of 83.52% and a remarkable 319.32% increase over the past year, indicating strong long-term potential. However, the recent price decline and underperformance against the sector may be causing investor caution, despite rising delivery volumes suggesting increased investor participation.