Why is Hindustan Copper falling/rising?

As of 21-Jul, Hindustan Copper Ltd is experiencing a price increase, currently at Rs 273.90, reflecting a rise of 4.2 points or 1.56%. The stock has shown a strong performance recently, gaining 4.52% over the last four days and outperforming the Sensex over the past week and month, with returns of +3.99% and +10.20%, respectively. Additionally, the stock is trading above its moving averages across multiple time frames, indicating a bullish trend. The company has demonstrated a robust ability to service its debt with a low Debt to EBITDA ratio of 0.65 times, alongside healthy long-term growth metrics, including a 20.01% annual growth rate in net sales and a 25.00% increase in operating profit.
In the broader market context, while Hindustan Copper has outperformed the Sensex in the short term, the benchmark has shown a slight decline of -0.06% over the past week and -0.25% over the past month. This contrast highlights the stock's relative strength against a backdrop of a generally weak market. The rising investor participation, evidenced by a significant increase in delivery volume, further supports the stock's upward movement, suggesting growing confidence among investors despite the stock underperforming its sector by -0.25% today.