Why is Hawkins Cookers falling/rising?

As of 09-Jul, Hawkins Cookers Ltd is currently priced at Rs 9,189.00, reflecting a decrease of Rs 46.0 or 0.5%. The stock has recently underperformed its sector by 0.79% and has experienced a trend reversal after four consecutive days of gains. Despite this decline, the stock has shown strong performance over the past week, with a return of 9.24%, and a notable 15.40% increase over the past month. It is also trading higher than its moving averages across various time frames. However, there has been a decline in investor participation, as evidenced by a 20.02% drop in delivery volume compared to the five-day average. The stock is close to its 52-week high, being only 1.81% away from Rs 9,355.05.
In the broader market context, Hawkins Cookers has significantly outperformed the Sensex, which has only increased by 0.15% over the past week. The company's long-term performance is also commendable, with a 16.32% return over the past year, compared to the Sensex's 3.96%. The stock's high management efficiency, reflected in a return on equity (ROE) of 36.39%, and a low debt-to-equity ratio contribute positively to its valuation. However, the stock is trading at a premium compared to its peers, and while it has generated solid returns, its profit growth has been modest at 4.4%. This combination of strong historical performance and current valuation metrics suggests that while the stock has potential, recent declines may be influenced by reduced trading activity and profit-taking after a period of gains.