Why is Hind.Aeronautics falling/rising?

As of 04-Aug, Hindustan Aeronautics Ltd's stock price is currently at Rs 4,537.90, reflecting an increase of Rs 99.2 or 2.23%. Today, the stock has shown a trend reversal, gaining after two consecutive days of decline, and it reached an intraday high of Rs 4,544.35. However, it has underperformed its sector by 0.97%. Over the past week, the stock has increased by 0.66%, but it has seen a decline of 9.12% over the past month and a 3.35% decrease over the past year. The company maintains strong long-term fundamentals, with a healthy average Return on Equity (ROE) of 24.41% and a low Debt to Equity ratio, which supports its stability and growth potential.
In the broader market context, Hindustan Aeronautics Ltd's recent performance contrasts with the Sensex, which has only increased by 0.16% over the past week. Despite the stock's short-term gains, the decline in delivery volume by 15.25% against the five-day average indicates a decrease in investor participation, which could be a concern for future performance. However, the defense sector has gained by 3.33%, which may provide some support to the stock. The company's significant market capitalization and high institutional holdings suggest that it has a solid foundation, but the recent underperformance compared to the sector may reflect broader market sentiments or specific investor concerns.