Why is High Energy Bat. falling/rising?

As of 11-Jul, High Energy Batteries (India) Ltd is experiencing a decline in its stock price, currently at 766.45, which reflects a decrease of 15.55 points or 1.99%. Today's price summary indicates that the stock has underperformed its sector by 0.44%, with a notable drop in investor participation, as evidenced by a 38.12% decrease in delivery volume compared to the 5-day average. Despite this downturn, the company has shown strong financial performance recently, declaring positive results after five consecutive negative quarters, including the highest net sales and operating profit margins. Additionally, the promoters have increased their stake in the company, signaling confidence in its future prospects, which could provide some support against the current price decline.
In the broader market context, the stock's performance over the past week shows a decline of 1.38%, which is slightly worse than the benchmark Sensex's drop of 1.12%. However, looking at the longer-term returns, High Energy Batteries has outperformed the Sensex significantly over the year-to-date period, with a gain of 25.24% compared to the benchmark's 5.58%. This suggests that while the stock is currently facing short-term challenges, its overall performance remains strong relative to the market, indicating potential resilience in the face of recent price movements.