Why is High Energy Bat. falling/rising?

As of 07-Aug, High Energy Batteries (India) Ltd is experiencing a price increase, currently at Rs 614.40, reflecting a rise of Rs 29.25 or 5.0%. The stock has shown a positive performance today, outperforming its sector by 5.35% and has been on a gaining streak for the last two days, accumulating a total return of 7.71% during this period. Despite this recent uptick, the stock has faced challenges over the longer term, with a decline of 22.49% over the past month and 16.41% over the past year. Additionally, the stock's delivery volume has decreased by 10.95% compared to the 5-day average, indicating a potential decline in investor participation, which could affect future price movements.
In the broader market context, the stock's short-term performance contrasts with the benchmark Sensex, which has only fallen by 0.69% over the past week. While High Energy Batteries has shown a significant decline in the past month, the recent gains may suggest a temporary rebound. The stock's performance year-to-date is slightly positive at 0.39%, while the Sensex has increased by 3.18% in the same period. This indicates that although the stock is currently rising, it has struggled to keep pace with the broader market trends over the longer term.