Why is Onix Solar falling/rising?

As of 29-Aug, Onix Solar Energy Ltd's stock price is currently at 362.05, reflecting an increase of 17.2 or 4.99%. Today's price summary indicates that the stock has outperformed its sector by 5.65% and has experienced a trend reversal, gaining after six consecutive days of decline. Despite opening with a loss of 2.28%, the stock reached an intraday high of Rs 362.05. However, it also touched a low of Rs 332.25, with trading volume significantly lower than the five-day average, indicating a decline in investor participation. The stock's performance over the past week shows a decrease of 9.97%, while it has increased by 56.97% year-to-date, highlighting its strong long-term growth despite recent volatility. The company has reported very positive results, including a remarkable growth in net sales of 94.24% and positive results for the last three consecutive quarters, which may contribute to the stock's recent upward movement.
In the broader market context, Onix Solar's short-term performance has been notably weaker than the benchmark, with a 1-week return of -9.97% compared to the Sensex's -1.84%. This underperformance in the short term contrasts sharply with its impressive long-term returns, such as a 200.83% increase over three years and a staggering 4701.72% increase over five years. The broader market has shown only modest gains, with the Sensex up 2.14% year-to-date, suggesting that Onix Solar's strong long-term performance is not fully reflected in its recent short-term movements.