Why is Websol Energy falling/rising?

As of 30-Jul, Websol Energy System Ltd's stock price is currently at Rs 1,377.00, reflecting a decrease of Rs 7.3 or 0.53%. The stock has shown a decline of 3.52% over the past week, although it has increased by 5.00% in the last month. Today's trading saw the stock touch an intraday low of Rs 1,355.5, indicating some volatility. Despite being higher than the 20-day, 50-day, 100-day, and 200-day moving averages, it is lower than the 5-day moving average. Additionally, there has been a decrease in investor participation, with delivery volume falling by 10.35% compared to the 5-day average. However, the company has demonstrated strong long-term growth, with an annual operating profit growth rate of 85.08%, and has reported positive results for the last four consecutive quarters, which may support its valuation despite the recent price decline.
In the broader market context, the stock's performance over the past week is worse than the benchmark Sensex, which has declined by only 1.50%. However, Websol Energy has outperformed the benchmark over longer periods, generating a remarkable 125.74% return in the last year and 1459.46% over the past three years. The increase in institutional investor participation, with a 0.57% rise in their stake, indicates growing confidence in the company's fundamentals, which could provide a stabilizing effect on the stock despite its current price drop. Overall, while the stock is experiencing a short-term decline, its long-term growth potential and institutional interest suggest a more favorable outlook in the future.