Why is Hero MotoCorp falling/rising?

As of 13-Aug, Hero MotoCorp Ltd. is experiencing a price increase, currently at 4,765.00, reflecting a rise of 120.0 or 2.58%. The stock has shown strong performance recently, with a consecutive gain over the last two days, resulting in a total return of 4.48% during this period. It has outperformed its sector by 1.27% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a decrease in delivery volume by 37.11% against the 5-day average, the company maintains a high dividend yield of 3.55%. Additionally, Hero MotoCorp has demonstrated strong long-term fundamentals, including a low debt-to-equity ratio and impressive growth in net sales and operating profit, which contribute positively to its stock performance.
In the broader market context, Hero MotoCorp's short-term return of +6.49% over the past week contrasts with the Sensex, which has remained flat at -0.01%. This indicates that the stock is gaining traction relative to the overall market. Furthermore, the company's high institutional holdings at 54.88% suggest confidence from larger investors, who typically have more resources to analyze the company's fundamentals. Although the stock has seen a decline of 9.07% over the past year, its profitability has improved, with a 23.5% increase in profits, making it an attractive investment option compared to its peers.