Why is Hind.Composites falling/rising?

As of 05-Sep, Hindustan Composites Ltd is experiencing a price increase, currently at 458.00, reflecting a rise of 8.0 or 1.78%. Today's price summary indicates that the stock has outperformed its sector by 1.39% and has gained after three consecutive days of decline, reaching an intraday high of Rs 464.35. Despite this positive movement, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a modest gain of 0.36%, but it has underperformed over the longer term, with a decline of 3.98% over the past month and a significant drop of 22.17% over the past year. The company benefits from a low debt-to-equity ratio and healthy long-term growth in operating profit, but it also faces challenges such as a recent flat quarterly performance and low domestic mutual fund interest, which may indicate a lack of confidence among institutional investors.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 1.13% over the past week, Hindustan Composites' short-term performance is lagging, though it has shown a slight recovery today. The stock's year-to-date performance is notably poor, down 16.42%, while the Sensex has increased by 3.29% during the same period. This underperformance in the long term, alongside the recent positive price movement, suggests that while there may be short-term optimism, broader market trends and investor sentiment remain cautious regarding the stock's future potential.