Why is Hindustan Motors falling/rising?

As of 07-Aug, Hindustan Motors Ltd is currently priced at 23.18, reflecting an increase of 0.19 or 0.83%. The stock has shown a trend reversal, gaining after two consecutive days of decline. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally bearish trend. The stock has underperformed in the short term, with a 1-week return of -1.02% compared to the Sensex's -0.69%. Additionally, there has been a decrease in investor participation, with delivery volume falling by 2.67% against the 5-day average, which may suggest waning interest among investors.
In the broader market context, Hindustan Motors has significantly lagged behind the benchmark indices over the past month and year-to-date, with returns of -17.77% and -18.67%, respectively, while the Sensex has shown positive returns of -3.38% and +3.18%. Despite the recent price increase, the overall performance remains weak compared to the benchmark, indicating that the stock's rise may not be sustainable without a broader recovery in investor sentiment or market conditions.