Why is Solarium Green falling/rising?

As of 21-Jul, Solarium Green Energy Ltd is experiencing a price increase, currently at Rs 411.05, reflecting a rise of Rs 2.05 or 0.5%. The stock has shown a positive trend over the last three days, gaining 7.79% during this period. However, it has underperformed its sector by 1.42% today. The stock reached an intraday high of Rs 419.8 but also faced a low of Rs 399. Despite being above its 5-day, 50-day, 100-day, and 200-day moving averages, it remains below the 20-day moving average. Additionally, there has been a notable decline in investor participation, with delivery volume dropping by 42.65% compared to the 5-day average, indicating a potential concern regarding sustained interest in the stock.
Broader market context shows that over the past week, Solarium Green has underperformed the Sensex, with a decline of 2.36% compared to a minimal drop of 0.06% for the benchmark. In the last month, the stock has also seen a significant decline of 9.41%, while the Sensex has only decreased by 0.25%. This suggests that while the stock is currently rising, it is doing so against a backdrop of recent underperformance relative to the broader market, which may affect investor sentiment moving forward.