Why is Hawkins Cookers falling/rising?

As of 24-Jul, Hawkins Cookers Ltd is experiencing a decline in its stock price, currently at 9,421.50, reflecting a decrease of 108.6 points or 1.14%. The stock has been underperforming recently, with a consecutive fall over the last five days resulting in a total return of -2.57%. Despite this short-term decline, the stock has shown positive performance over the longer term, with a 1-month return of +16.19% and a year-to-date return of +3.65%. However, today's trading activity indicates a drop in investor participation, with delivery volume decreasing by 27.39% compared to the 5-day average, which may contribute to the stock's recent downward trend. The stock is currently trading at a premium compared to its peers, and while it has a high return on equity and low debt-to-equity ratio, the recent price movement suggests caution among investors.
In the broader market context, the stock's short-term performance has significantly lagged behind the benchmark, with the Sensex only declining by 0.09% over the same 1-week period. Although Hawkins Cookers has outperformed the benchmark over longer time frames, such as the last 3 years and 1 year, the recent underperformance in the short term, coupled with a decline in trading volume, may indicate a shift in investor sentiment. The increasing stake of institutional investors, who now hold 18.98% of the company, suggests a level of confidence in the company's fundamentals, yet the current market dynamics and recent price movements reflect a cautious outlook among retail investors.