Why is Hawkins Cookers falling/rising?

As of 01-Jul, Hawkins Cookers Ltd is experiencing a decline in its stock price, currently at Rs 8,450.05, which reflects a decrease of Rs 26.0 or 0.31%. Today's performance indicates that the stock has underperformed its sector by 0.53% and has seen a trend reversal after three consecutive days of gains, touching an intraday low of Rs 8,200, a drop of 3.26%. Despite this decline, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting some underlying strength. Over the past week and month, the stock has shown positive returns of 4.21% and 6.69%, respectively, although it has underperformed year-to-date with a decline of 7.04%. The company boasts a high return on equity (ROE) of 36.39% and a low debt-to-equity ratio, but its long-term growth prospects appear limited, with net sales growing at an annual rate of only 10.61% over the last five years.
In the broader market context, the Sensex has increased by 2.00% over the past week and 2.76% over the past month, indicating that while Hawkins Cookers has shown some short-term resilience, it is lagging behind the benchmark. The stock's year-to-date performance is notably poor compared to the Sensex's gain of 7.11%, highlighting a significant divergence in performance. The company's flat results in March 2025 and low operating profit growth further contribute to concerns about its long-term viability, which may be influencing investor sentiment negatively. Overall, while there are some positive indicators such as rising investor participation and strong management efficiency, the recent price decline reflects broader concerns about growth and market performance relative to peers.