Why is Hawkins Cookers falling/rising?

As of 16-Jul, Hawkins Cookers Ltd is experiencing a decline in its stock price, currently at Rs 9,648.00, which reflects a decrease of Rs 37.95 or 0.39%. Despite this recent drop, the stock has shown strong performance over the past week, rising by 5.00%, and has significantly outperformed the Sensex over the past month with a return of 22.13% compared to the benchmark's 1.02%. However, today's performance indicates a reversal after four consecutive days of gains, and the stock has underperformed its sector by 0.3%. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 12.98% against the five-day average, which may contribute to the current price decline.
In the broader market context, while Hawkins Cookers has demonstrated strong returns over various periods, including a 12.45% gain over the past year, the recent downturn contrasts with the overall market performance. The Sensex has seen a slight increase of 1.02% over the past month, indicating that the stock's short-term decline is not reflective of a broader market trend. The company's high management efficiency, low debt-to-equity ratio, and fair valuation suggest a solid foundation, yet the stock is trading at a premium compared to its peers, which could be a factor in its current price movement. Overall, while the stock has shown resilience and strong long-term performance, the recent drop may be attributed to short-term fluctuations and reduced trading activity.