Why is Hindustan Zinc falling/rising?

As of 10-Jun, Hindustan Zinc Ltd's stock price is rising, currently at 533.70, reflecting an increase of 8.55 (1.63%). The stock has shown strong performance recently, gaining 14.14% over the last four days and outperforming the benchmark Sensex, which has only risen by 2.05% in the same period. Additionally, the stock is trading above its moving averages across various time frames, indicating a bullish trend. The company has also reported positive financial results for the last four quarters, with record net sales and operating profit, contributing to investor confidence and a rising delivery volume, which has increased by 44.16% against the five-day average.
In the broader market context, Hindustan Zinc's short-term return of 13.87% over the past week significantly exceeds the Sensex's return of 2.05%, highlighting its strong performance relative to the market. The company's low debt-to-equity ratio and high dividend yield of 3.62% further enhance its attractiveness to investors. With a substantial market capitalization of Rs 2,21,893 cr, Hindustan Zinc constitutes a significant portion of its sector, reinforcing its position as a leading player. Overall, the combination of positive financial results, technical indicators, and strong market performance contributes to the stock's upward movement.