Why is High Energy Bat. falling/rising?

As of 16-Jul, High Energy Batteries (India) Ltd is experiencing a decline in its stock price, currently at Rs 756.00, which reflects a decrease of Rs 14.0 or 1.82%. Today's performance indicates that the stock has underperformed its sector by 1.6%, and it has fallen after two consecutive days of gains. The stock touched an intraday low of Rs 754.6, representing a 2% drop. Over the past week, the stock has decreased by 3.32%, although it has shown a positive return of 14.57% over the past month. Despite this recent decline, the company has demonstrated strong financial health with a low Debt to EBITDA ratio of 0.57 times and has reported positive results for the first quarter of Mar'2025, marking a turnaround after five consecutive negative quarters. Additionally, rising promoter confidence, as evidenced by a 1.17% increase in their stake, suggests a positive outlook for the company's future.
In the broader market context, the Sensex has also experienced a decline of 1.08% over the past week, indicating that the stock's short-term performance is not entirely isolated from market trends. However, High Energy Batteries has outperformed the Sensex significantly over the longer term, with a year-to-date return of 23.53% compared to the Sensex's 5.75%. This suggests that while the stock is currently facing short-term challenges, its overall performance remains strong relative to the broader market, indicating potential resilience in the face of recent price movements.