Why is Hawkins Cookers falling/rising?

As of 05-Aug, Hawkins Cookers Ltd is experiencing a price increase, currently at Rs 9,000.00, reflecting a rise of Rs 185.2 or 2.1%. The stock has shown a trend reversal, gaining after four consecutive days of decline. Today, it outperformed its sector by 3.03% and reached an intraday high of Rs 9,050, marking a 2.67% increase. Despite a recent 4.14% decline over the past week, the stock has gained 2.99% over the last month and has shown a strong performance over the longer term, with a 59.25% increase over three years. Additionally, rising investor participation is evident, with a significant increase in delivery volume, suggesting renewed interest in the stock.
In the broader market context, while Hawkins Cookers has outperformed the Sensex by a notable margin today, its year-to-date performance shows a slight decline of 0.99% compared to the Sensex's gain of 3.29%. This indicates that while the stock is currently rising, it has faced challenges in the broader market over the year. The stock's liquidity remains adequate for trading, which may contribute to its recent price movement. Overall, the combination of a trend reversal, increased trading volume, and outperformance against the sector are key factors driving the stock's rise today.