Why is Hindustan Copper falling/rising?

As of 28-Aug, Hindustan Copper Ltd is currently priced at 230.85, reflecting a slight increase of 0.35 or 0.15%. Today's price summary indicates that the stock has outperformed its sector by 1.78% and has experienced a trend reversal, gaining after five consecutive days of decline. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a significant drop of 29.77% over the past year, the company has shown a strong ability to service its debt with a low Debt to EBITDA ratio of 0.65 times and has healthy long-term growth with an annual operating profit growth rate of 25.40%. Nonetheless, the stock is considered expensive with a Price to Book Value of 8.4, and its recent flat results in June have raised concerns among investors.
In the broader market context, Hindustan Copper has underperformed compared to the benchmark, with a 1-year return of -29.77% against the BSE500's -5.01%. This stark contrast highlights the stock's struggle in the market despite the overall negative performance of the benchmark. The company's recent performance indicates a rising investor participation, as evidenced by a 73.9% increase in delivery volume, suggesting some renewed interest. However, the significant underperformance over the past year and the high valuation compared to peers may continue to weigh on investor sentiment.