Why is Hawkins Cookers falling/rising?

As of 19-Aug, Hawkins Cookers Ltd is experiencing a decline in its stock price, currently at 8,730.00, which reflects a decrease of 85.2 points or 0.97%. The stock has underperformed its sector today by 0.49%, despite having a higher delivery volume that increased by 335.84% compared to the 5-day average. Over the past week, the stock has shown a positive return of 2.03%, but it has underperformed over the past month with a decline of 9.36%. The company maintains a high management efficiency with a return on equity (ROE) of 36.39% and a low debt-to-equity ratio, which suggests a stable financial position. However, the stock is trading at a premium compared to its peers, and its price-to-earnings growth (PEG) ratio indicates that it may be overvalued, which could be contributing to the recent price drop.
In the broader market context, the Sensex has increased by 1.76% over the past week, indicating that Hawkins Cookers' short-term performance is lagging behind the benchmark. While institutional investors have increased their stake in the company, reflecting growing confidence, the overall market sentiment appears to be more favorable towards other investments, as evidenced by the Sensex's positive movement. The stock's year-to-date performance is down by 3.96%, contrasting with the Sensex's gain of 4.49%, further highlighting the challenges Hawkins Cookers faces in aligning with broader market trends.