Why is Onix Solar falling/rising?

As of 22-Aug, Onix Solar Energy Ltd's stock is currently priced at 402.15, reflecting a decline of 21.15 points or 5.0%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total drop of 14.24% during this period. Today, it opened with a loss of 5% and has not traded outside this price range. Additionally, the stock's performance over the past week shows a decline of 5.47%, and over the past month, it has decreased by 7.64%. Despite a strong year-to-date return of 74.36%, the recent negative momentum is compounded by a significant drop in investor participation, with delivery volume falling by 35.14% against the five-day average. While the company has reported very positive results in terms of net sales growth and profitability in recent quarters, this has not translated into positive stock performance in the short term.
In the broader market context, Onix Solar's recent performance contrasts sharply with the Sensex, which has gained 0.88% over the past week and is down only 1.07% over the past month. This indicates that the stock is not only underperforming relative to the market but is also facing challenges that are specific to its situation. The liquidity of the stock remains adequate for trading, but the falling investor interest suggests a lack of confidence despite the company's strong financial results in recent quarters. Overall, the combination of recent price declines, reduced trading volume, and underperformance against the benchmark indicates a challenging environment for Onix Solar at this time.