Why is Hind.Aeronautics falling/rising?

As of 05-Aug, Hindustan Aeronautics Ltd is experiencing a price increase, currently at 4,577.35, which reflects a rise of 39.45 or 0.87%. The stock has shown a positive performance today, outperforming its sector by 2.06% and has been on a consecutive gain for the last two days, accumulating a total return of 3.12% during this period. Despite a decline of 8.33% over the past month, the stock has demonstrated strong long-term performance with a remarkable 358.30% increase over the last three years. The company maintains a solid long-term fundamental strength, evidenced by an average Return on Equity (ROE) of 24.41% and a low Debt to Equity ratio, which supports its recent upward movement.
In the broader market context, the stock's short-term return of +1.72% over the past week contrasts sharply with the Sensex, which has decreased by 0.77% during the same period. This indicates that Hindustan Aeronautics Ltd is performing well relative to the overall market. However, it is important to note that there has been a decline in investor participation, with delivery volume falling by 14.56% against the five-day average, which could pose a risk to sustained upward momentum. Nonetheless, the high institutional holdings at 20.63% suggest that informed investors have confidence in the company's fundamentals, contributing positively to the stock's recent performance.