Why is Hawkins Cookers falling/rising?

As of 14-Jul, Hawkins Cookers Ltd is experiencing a price increase, currently at Rs 9,590.00, which reflects a rise of 315.0 or 3.4%. The stock has recently reached a new 52-week and all-time high of Rs 9,755, showing strong performance with a 5.02% increase over the past week and a remarkable 21.03% rise over the last month. It has outperformed its sector by 2.77% today and has gained consecutively for the last three days, accumulating a total return of 4.36% during this period. The stock is trading above all its moving averages, indicating a strong upward trend. Additionally, the rising investor participation, evidenced by a 32.63% increase in delivery volume, suggests growing confidence among investors. The company's high management efficiency, reflected in a return on equity (ROE) of 36.39%, and a low debt-to-equity ratio further support its positive outlook, despite trading at a premium compared to peers.
In the broader market context, Hawkins Cookers has significantly outperformed the benchmark Sensex, which has declined by 1.42% over the past week while the stock has risen by 5.02%. This trend continues over longer periods, with the stock showing a 17.45% return over the past year compared to the Sensex's 2.15%. The company's strong long-term performance, with a 132.82% increase over five years, indicates robust growth relative to the market. Overall, the combination of strong recent performance, positive investor sentiment, and effective management positions Hawkins Cookers favorably in the current market environment.