Why is Hawkins Cookers falling/rising?

As of 13-Aug, Hawkins Cookers Ltd's stock price is currently at 8,578.15, reflecting an increase of 22.05, or 0.26%. The stock's performance today is in line with its sector, although it is trading below its 5-day, 20-day, and 50-day moving averages, while remaining above the 100-day and 200-day averages. The stock has experienced a decline of 4.66% over the past week and 7.51% over the past month, contrasting with a modest 2.06% gain over the past year. Despite a recent drop in delivery volume by 44% compared to the 5-day average, the company maintains a high management efficiency with a return on equity (ROE) of 36.39% and a low debt-to-equity ratio, which supports its fair valuation. Additionally, institutional investors have increased their stake, indicating growing confidence in the company's fundamentals.
In the broader market context, the Sensex has remained relatively flat with a change of -0.01% over the past week, while Hawkins Cookers has underperformed in the short term compared to this benchmark. However, the stock has outperformed the BSE500 over the last three years, one year, and three months, suggesting strong long-term performance. The increasing participation of institutional investors, who now hold nearly 19% of the company, may provide a stabilizing effect on the stock, despite the recent declines in short-term returns. Overall, while the stock is facing some short-term challenges, its long-term prospects remain positive due to strong management efficiency and institutional support.