Why is Hindustan Hardy falling/rising?

As of 07-Aug, Hindustan Hardy Ltd is experiencing a decline in its stock price, currently at Rs 980.60, which reflects a decrease of Rs 15.1 or 1.52%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total return of -5.35% over the past week. Today's trading saw the stock hit an intraday low of Rs 970, indicating a downward trend. Additionally, the stock's delivery volume has significantly decreased by 45.12% compared to the five-day average, suggesting reduced investor participation. While the stock remains above its 100-day and 200-day moving averages, it is below the shorter-term moving averages, indicating potential weakness in the stock's momentum.
In the broader market context, Hindustan Hardy's performance has been notably worse than the benchmark Sensex, which has only declined by 0.69% over the past week. The stock's year-to-date performance shows a slight decline of 1.67%, contrasting with the Sensex's gain of 3.18%. Over the past year, however, Hindustan Hardy has outperformed the benchmark significantly, with a return of 75.09% compared to the Sensex's 1.45%. This recent underperformance in the short term may be contributing to the stock's current price decline, as investors may be reacting to the recent negative trends and lower trading volumes.