Why is Hawkins Cookers falling/rising?

As of 15-Jul, Hawkins Cookers Ltd is experiencing a price increase, currently valued at Rs 9,685.95, reflecting a rise of 95.95 or 1.0%. The stock has shown strong performance today, having reached a new 52-week high of Rs 9,900 and outperforming its sector by 0.48%. Over the past week, Hawkins Cookers has gained 4.88%, and in the last month, it has surged by 22.25%. The stock has been on a consecutive gain streak for four days, accumulating a total return of 5.62% during this period. Additionally, the company demonstrates high management efficiency with a return on equity (ROE) of 36.39% and a low debt-to-equity ratio, contributing to its favorable valuation despite trading at a premium compared to peers.
In the broader market context, Hawkins Cookers has significantly outperformed the Sensex, which has declined by 1.36% over the past week while the stock has risen. The stock's year-to-date performance shows a gain of 6.56%, slightly ahead of the Sensex's 5.67%. This strong performance is supported by rising investor participation, with a notable increase in delivery volume, indicating growing interest. The company's ability to generate returns that exceed those of the BSE500 over various time frames further underscores its market-beating performance, solidifying its position as a strong investment choice in both the near and long term.