Why is High Energy Bat. falling/rising?

As of 03-Jul, High Energy Batteries (India) Ltd is experiencing a decline in its stock price, currently at Rs 762.00, which reflects a decrease of Rs 13.0 or 1.68%. The stock has been underperforming recently, having fallen for the last five consecutive days, resulting in a total decline of 8.23% over the past week. Additionally, the stock has traded within a narrow range of Rs 6.05, and there has been a significant drop in investor participation, with delivery volume decreasing by 62.75% compared to the five-day average. Despite these challenges, the company has shown strong fundamentals, including a low Debt to EBITDA ratio of 0.57 times and positive quarterly results, indicating a potential for recovery.
In the broader market context, High Energy Batteries' recent performance contrasts sharply with the Sensex, which has only declined by 0.62% over the same week. While the stock has outperformed the benchmark over the longer term, with a year-to-date increase of 24.51% compared to the Sensex's 6.53%, the current short-term downturn highlights a disconnect between its historical performance and recent market sentiment. The increase in promoter stake by 1.17% suggests confidence in the company's future, yet the recent price movement indicates that investors may be reacting to short-term volatility rather than long-term potential.