Why is Hawkins Cookers falling/rising?

As of 21-Aug, Hawkins Cookers Ltd has experienced a price increase, currently standing at 8,889.00, with a change of 43.9 (0.5%) upward. The stock has shown a positive trend recently, gaining 1.82% over the last two days, although it has a mixed performance over longer periods, with a 1-week return of +4.03% and a 1-month return of -7.21%. Despite the recent gains, the stock's delivery volume has significantly decreased, indicating falling investor participation. 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, suggesting a positive outlook from more sophisticated market participants.
In the broader market context, the stock's recent performance has outpaced the Sensex, which has only risen by 1.74% over the past week. However, the stock has underperformed the benchmark over the longer term, with a year-to-date return of -2.21% compared to the Sensex's +4.94%. This indicates that while Hawkins Cookers has shown resilience in the short term, its overall performance relative to the market remains a concern. The stock's ability to attract institutional investment and its historical outperformance over the long term may provide some support for its price, but the recent decline in trading volume could signal caution among retail investors.