Why is Hindustan Hardy falling/rising?

As of 28-Oct, Hindustan Hardy Ltd's stock price is currently at 1,136.95, reflecting a decline of 29.75 points or 2.55%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total drop of 6.49% during this period. Today's trading saw the stock reach a high of Rs 1,194.35 but also dip to a low of Rs 1,085, indicating significant volatility with a wide trading range of Rs 109.35. Additionally, the stock's delivery volume has decreased by 55.11% compared to the five-day average, suggesting a decline in investor participation. While the stock has shown strong performance over the long term, with a year-to-date increase of 14.01% and a remarkable 361.61% rise over three years, its recent short-term performance has been disappointing.
Broader Market Context: In the context of the broader market, Hindustan Hardy's recent performance contrasts sharply with the Sensex, which has gained 0.24% over the past week and 5.22% over the last month. This underperformance relative to the benchmark indicates that while the stock has historically outperformed over longer periods, it is currently struggling to keep pace with market trends. The overall market sentiment appears to be more favorable than that of Hindustan Hardy, contributing to the stock's recent decline.