Why is Hind.Appliances falling/rising?

As of 05-Jun, Hindustan Appliances Ltd is experiencing a price increase, currently at 109.05, reflecting a rise of 2.1 (1.96%). The stock has been on an upward trend for the past four days, gaining a total of 8.13% during this period. While the stock has underperformed over the past month with a decline of 11.77%, it has shown remarkable performance over the past year with a return of 92.67%. Additionally, the stock is currently trading above its 5-day and 50-day moving averages, indicating a positive short-term momentum. Notably, there has been a significant increase in investor participation, with delivery volume rising by 88.3% against the 5-day average, suggesting growing interest in the stock.
In the broader market context, the stock has outperformed the Sensex by 2.17% today, contrasting with the benchmark's slight decline of 0.23% over the past week. This indicates that despite the stock's longer-term struggles, it is currently gaining traction relative to the market. Year-to-date, however, the stock has significantly lagged behind the Sensex, with a decline of 38.04% compared to the benchmark's gain of 4.23%. Overall, the recent positive momentum in Hindustan Appliances Ltd's stock price can be attributed to short-term gains and increased investor interest, even as it faces challenges in the longer-term performance metrics.