Why is Hindustan Copper falling/rising?

As of 08-Jul, Hindustan Copper Ltd's stock price is currently flat at 274.30, with no change in percentage terms. The stock has shown mixed performance recently, with a 1-week decline of 3.28% while it has increased by 7.17% over the past month. Despite outperforming its sector by 0.37% today, the stock has experienced a significant drop in investor participation, with delivery volume falling by 62.7% compared to the 5-day average. The company has demonstrated strong financial health, with a low Debt to EBITDA ratio of 0.65 times and impressive growth in net sales and operating profit. However, it is facing challenges due to a high valuation relative to its peers, as indicated by a Price to Book Value of 10, and a decline in institutional investor participation.
Broader market context indicates that while the stock has underperformed the market over the past year, generating a return of -19.83% compared to the BSE500's 1.98%, it has shown strong long-term growth with a 3-year return of 203.93%. The stock's performance today, although positive in comparison to its sector, reflects broader concerns about its valuation and declining interest from institutional investors, which may hinder its ability to attract retail investors. The mixed signals from both the company's financial performance and market sentiment suggest a cautious outlook for Hindustan Copper Ltd moving forward.