Why is Hawkins Cookers falling/rising?

As of 23-Jul, Hawkins Cookers Ltd is experiencing a decline in its stock price, currently at Rs 9,530.10, which reflects a decrease of Rs 44.6 or 0.47%. The stock has been on a downward trend, losing value for the past four days and showing a total decline of 1.45% during this period. It is currently 3.88% away from its 52-week high of Rs 9,900. The stock's performance over the past month has been relatively strong, with an increase of 18.65%, but it has underperformed against the benchmark Sensex, which has gained 0.11% in the same timeframe. Additionally, the stock's delivery volume has decreased significantly, indicating falling investor participation.
In the broader market context, while Hawkins Cookers has outperformed the Sensex over the longer term, its recent short-term performance has not matched the benchmark. The stock has shown a year-to-date return of 4.84%, which is lower than the Sensex's 5.87%. Despite the recent decline, the company maintains a high management efficiency with a return on equity (ROE) of 36.39% and a low debt-to-equity ratio. Institutional investors have increased their stake by 0.7%, suggesting a positive outlook from more experienced market participants. However, the stock is trading at a premium compared to its peers, which may be contributing to the current price pressure as investors reassess its valuation amidst declining trading volumes.