Why is Hindustan Copper falling/rising?

As of 01-Jul, Hindustan Copper Ltd is experiencing a price increase, currently at Rs 283.60, reflecting a rise of Rs 4.4 or 1.58%. The stock has shown strong performance recently, gaining 15.9% over the last eight days and outperforming its sector by 1.6% today. It has also reached an intraday high of Rs 286, and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the company has demonstrated a robust ability to service debt with a low Debt to EBITDA ratio of 0.65 times, and it has reported impressive growth in net sales and operating profit, contributing to positive investor sentiment.
In the broader market context, Hindustan Copper's short-term return of 10.29% over the past week significantly outpaces the Sensex's return of 2.00% during the same period. This indicates that the stock is not only performing well on its own but is also gaining traction compared to the overall market. The company's healthy long-term growth prospects, with net sales increasing at an annual rate of 20.01%, further bolster investor confidence, suggesting that the stock's upward movement is supported by both strong fundamentals and favorable market conditions.