Why is Hawkins Cookers falling/rising?

As of 05-Sep, Hawkins Cookers Ltd is experiencing a price increase, currently at 9,090.00, reflecting a rise of 64.0 or 0.71%. The stock has been gaining for the last three days, with a total return of 2.65% during this period. It is also outperforming its sector by 0.34%. In terms of longer-term performance, the stock has generated a return of 5.27% over the past year, while its performance over three years shows a significant increase of 56.03%. The company benefits from high management efficiency, indicated by a return on equity (ROE) of 36.39%, and has a low debt-to-equity ratio, which contributes positively to its valuation. However, there is a noted decline in investor participation, with delivery volume dropping significantly.
In the broader market context, Hawkins Cookers' short-term return of 1.00% over the past week is slightly below the benchmark Sensex, which has increased by 1.13%. Despite this, the stock has shown strong performance relative to the BSE500 over the last three years, one year, and three months. The increasing participation of institutional investors, who have raised their stake by 0.7%, suggests a positive outlook from more experienced market players, further supporting the stock's recent upward movement. Overall, while the stock is trading at a premium compared to its peers, its solid fundamentals and recent gains indicate a favorable position in the market.