Why is Onix Solar falling/rising?

As of 17-Nov, Onix Solar Energy Ltd's stock price is currently at Rs 300.65, reflecting a decline of Rs 15.8 or 4.99%. The stock has underperformed its sector by 4.65% today, despite opening with a gain of 2.04% and reaching an intraday high of Rs 322.9. However, it also hit a low of Rs 300.65, indicating significant volatility within the trading day. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bearish trend. Additionally, while there has been a slight increase in delivery volume, the overall performance over the past week and month shows a decline of 3.11% and 17.10%, respectively, indicating a challenging period for the stock.
Broader market context shows that while Onix Solar has had a strong year-to-date return of 30.35%, it is currently lagging behind the Sensex, which has gained 1.69% over the past week and 1.19% over the past month. This underperformance in the short term contrasts sharply with its long-term gains, as evidenced by a remarkable 324.65% increase over the past three years. The broader market's positive performance may be contributing to the relative weakness in Onix Solar's stock, highlighting a disconnect between its historical growth and current market sentiment.