Why is Heranba Inds falling/rising?

As of 14-Jul, Heranba Industries Ltd is experiencing a price increase, currently at Rs 376.00, reflecting a rise of Rs 7.45 or 2.02%. The stock has outperformed its sector today by 1.82% and reached an intraday high of Rs 392.95, which is a 6.62% increase. Over the past week, the stock has shown a modest gain of 0.91%, while its one-month return is significantly higher at 37.05%. However, the company has faced challenges, including a decline in profits by 18.6% over the past year, and it has reported negative results for the last two consecutive quarters, which may contribute to investor caution despite its attractive valuation compared to peers.
In the broader market context, the Sensex has declined by 1.42% over the past week, indicating that Heranba Industries' short-term performance is relatively strong compared to the benchmark. While the stock has shown positive momentum in the short term, its year-to-date performance remains negative at -8.52%, contrasting with the Sensex's gain of 5.27% in the same period. The stock's liquidity is adequate for trading, but the significant drop in delivery volume suggests a potential decrease in investor participation, which could impact future price movements.