Why is Waa Solar falling/rising?

As of 19-Sep, Waa Solar Ltd's stock price is currently at 69.91, reflecting a decrease of 0.79, or 1.12%. The stock has been underperforming, having fallen for the last two days with a total decline of 2.09%. Despite a positive performance over the past week and month, where it gained 3.74% and 8.39% respectively, the year-to-date performance shows a significant decline of 41.15%. The stock is currently trading above its 5-day, 20-day, and 50-day moving averages but below its 100-day and 200-day moving averages. Additionally, there has been a notable drop in investor participation, with delivery volume decreasing by 26.23% compared to the 5-day average, indicating reduced interest in trading the stock.
In the broader market context, Waa Solar's recent performance contrasts with the Sensex, which has gained 0.88% over the past week. While the power generation and distribution sector has seen an increase of 2.48%, Waa Solar's stock has underperformed its sector by 3.6%. The significant year-to-date decline of 41.15% also stands in stark contrast to the Sensex's positive return of 5.74% during the same period. This combination of factors suggests that while there may be some short-term gains, the overall sentiment around Waa Solar remains negative, contributing to its recent price decline.