Why is Hawkins Cookers falling/rising?

As of 16-Sep, Hawkins Cookers Ltd is experiencing a decline in its stock price, currently at 8,900.00, reflecting a decrease of 89.65 points or 1.0%. The stock has underperformed its sector today by 1.91%, and while it is higher than the 100-day and 200-day moving averages, it is lower than the 5-day, 20-day, and 50-day moving averages. Over the past week, the stock has seen a return of -1.22%, contrasting with a positive return of +1.58% for the Sensex. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 36.53% compared to the 5-day average. Despite a stable management efficiency indicated by a high ROE of 36.39% and a low debt-to-equity ratio, the stock is trading at a premium compared to its peers, which may be contributing to the current price decline.
In the broader market context, the stock's recent performance has lagged behind the benchmark, with a year-to-date return of -2.09% compared to the Sensex's +5.43%. While institutional investors have increased their stake by 0.7% over the previous quarter, indicating some confidence in the company's fundamentals, the overall market sentiment appears to be affecting the stock negatively. The stock's fair valuation and rising profits of 1.3% over the past year suggest potential for recovery; however, the current market dynamics and underperformance relative to the benchmark are likely influencing the downward price movement.