Why is Hindustan Copper falling/rising?

As of 18-Jul, Hindustan Copper Ltd is experiencing a price increase, currently at 269.70, reflecting a change of 2.05 or 0.77% upward. The stock has shown strong performance recently, outperforming its sector by 0.95% today and achieving a consecutive gain over the last three days with a total return of 2.92%. Additionally, Hindustan Copper has demonstrated robust returns over various periods, including a 6.39% increase over the past month and an impressive 191.88% rise over the last three years. The company also shows a strong ability to service its debt, with a low Debt to EBITDA ratio of 0.65 times, and has reported significant growth in net sales and operating profit, which supports its positive price movement.
In the broader market context, Hindustan Copper's short-term performance contrasts favorably with the benchmark Sensex, which has declined by 0.90% over the past week while Hindustan Copper has gained 2.43%. This indicates that investor sentiment towards Hindustan Copper is stronger than the overall market. The stock's liquidity is also favorable, with a delivery volume increase of 18.77% against the five-day average, suggesting rising investor participation. Overall, the combination of strong financial performance, positive investor sentiment, and outperformance relative to the benchmark contributes to the stock's upward price movement.