Why is High Energy Bat. falling/rising?

As of 04-Jul, High Energy Batteries (India) Ltd is experiencing a price increase, currently at 777.20, reflecting a rise of 15.2 or 1.99%. Today's price summary indicates that the stock has outperformed its sector by 1.82% and has gained after five consecutive days of decline. Although the stock's delivery volume has significantly decreased by 80.2% compared to the five-day average, it remains liquid enough for trading. The company has shown strong financial performance, with its net sales and operating profit reaching their highest levels in recent quarters, which, along with rising promoter confidence due to an increase in their stake, suggests a positive outlook for the business.
In the broader market context, the stock's short-term performance over the past week has been negative at -4.49%, contrasting with the Sensex, which has only declined by 0.74%. However, over the past month, High Energy Batteries has outperformed the benchmark with a return of +7.89% compared to the Sensex's +3.01%. This indicates that while the stock has faced recent challenges, its longer-term performance remains strong, particularly with a year-to-date increase of 26.99% against the Sensex's 6.77%.