Why is Hind.Aeronautics falling/rising?

As of 08-Sep, Hindustan Aeronautics Ltd is experiencing a price increase, currently at Rs 4,443.00, reflecting a rise of 28.0 points or 0.63%. Today's price summary indicates that the stock has outperformed its sector by 0.38% and has shown a trend reversal after two consecutive days of decline. The stock has traded within a narrow range of Rs 42.3, and while it is above the 5-day and 200-day moving averages, it remains below the 20-day, 50-day, and 100-day moving averages. Despite a decrease in delivery volume by 27.47% compared to the 5-day average, the stock maintains a healthy long-term outlook with a strong return on equity of 24.41% and a low debt-to-equity ratio. Additionally, high institutional holdings at 20.63% suggest confidence in the company's fundamentals, which may support its recent price movement.
In the broader market context, the stock's short-term performance over the past week shows a gain of 0.33%, which is slightly below the Sensex's increase of 0.53%. However, on a year-to-date basis, Hindustan Aeronautics has outperformed the benchmark with a return of 6.38% compared to the Sensex's 3.39%. This relative strength, combined with the company's significant market capitalization and its substantial share of the industry, underscores its resilience and potential for growth, contributing to the positive sentiment surrounding the stock despite recent fluctuations.