Why is Hindustan Copper falling/rising?

As of 26-Jun, Hindustan Copper Ltd's stock price is rising, currently at Rs 272.05, reflecting an increase of Rs 12.85 or 4.96%. The stock has shown strong performance recently, gaining 11.18% over the past week and 11.56% over the past month, significantly outperforming the Sensex, which rose by 2.94% and 1.92% in the same periods, respectively. Today's trading activity indicates that the stock has been on a consecutive gain streak for the last five days, reaching an intraday high of Rs 273.2. However, it is noteworthy that investor participation has decreased, with delivery volume falling by 53.09% compared to the five-day average. Despite this, the company demonstrates a solid financial position with a low Debt to EBITDA ratio of 0.65 times and impressive growth in net sales and operating profit.
Broader market context shows that while Hindustan Copper's short-term returns are robust, the stock has underperformed over the past year, declining by 15.76% compared to a 6.46% increase in the Sensex. Nevertheless, the stock's long-term performance is strong, with a remarkable 218.75% increase over three years and a staggering 719.43% rise over five years, indicating a positive trajectory despite recent fluctuations. The liquidity of the stock remains adequate for trading, with a value of Rs 2.35 crore based on the five-day average, suggesting that it is still a viable option for investors despite the recent drop in delivery volumes.