Why is Hindustan Motors falling/rising?

As of 24-Sep, Hindustan Motors Ltd is currently priced at 21.26, reflecting an increase of 0.54 or 2.61%. The stock has recently experienced a trend reversal, gaining after six consecutive days of decline. Despite this uptick, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock hit a new 52-week low of Rs.20.51 earlier today. Notably, there has been a significant rise in investor participation, with delivery volume increasing by 820.21% compared to the 5-day average. Over the past week, the stock has underperformed the benchmark Sensex, declining by 12.51% while the Sensex fell only 1.18%.
In the broader market context, Hindustan Motors' performance has been notably weaker compared to the Sensex over various periods, including a year-to-date decline of 25.40% against the Sensex's gain of 4.58%. The stock's recent performance contrasts with its longer-term returns, where it has shown a positive return of 33.71% over three years and an impressive 327.77% over five years. However, the current short-term volatility and the recent new low suggest that investors are cautious, despite the recent price increase. The lack of available positive or negative dashboard factors limits a deeper analysis of the underlying sentiment affecting the stock's movement.