Why is Waaree Energies falling/rising?

As of 27-Jun, Waaree Energies Ltd is currently priced at 2,947.85, reflecting a slight increase of 0.2 (0.01%). The stock has been gaining for the last two days, with a return of 0.21% during this period. However, it has underperformed its sector by 3.22% today. In the context of returns, the stock has seen a decline of 1.19% over the past week, but it has increased by 5.41% over the past month. The company has demonstrated strong long-term fundamental strength, with a healthy growth in net sales and operating profit, which has positively influenced its recent price movement.
In the broader market context, the Sensex has outperformed Waaree Energies with a 2.00% gain over the past week and a 3.07% increase over the past month. While the renewable energy sector has gained by 3.21%, the stock's performance has been hindered by a significant drop in investor participation, with delivery volume falling by 83.11% against the five-day average. Despite these challenges, the company's strong fundamentals, including a low debt-to-equity ratio and consistent positive results, suggest potential for future growth, although current market dynamics are impacting its price performance.