Why is Hawkins Cookers falling/rising?

As of 17-Sep, Hawkins Cookers Ltd is experiencing a price increase, currently at 8,925.00, with a change of 25.0, representing a 0.28% rise. The stock has shown mixed performance in recent periods, with a 1-week decline of 1.26% while it has gained 4.59% over the past month. Today's performance indicates that it has outperformed its sector by 0.75%. The stock is trading above its 100-day and 200-day moving averages but below its 5-day, 20-day, and 50-day moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 10.75% compared to the 5-day average. The company maintains a high return on equity (ROE) of 36.39% and a low debt-to-equity ratio, which supports its fair valuation despite trading at a premium compared to peers.
In the broader market context, the stock's recent performance contrasts with the benchmark, as the Sensex has increased by 1.56% over the past week. While Hawkins Cookers has underperformed the benchmark in the short term, it has shown strong long-term performance, outperforming the BSE500 over the last three years and generating a modest return of 0.23% over the past year. The increasing participation of institutional investors, who now hold nearly 19% of the company, indicates confidence in its fundamentals, further supporting the stock's upward movement despite its recent mixed performance against the benchmark.