Why is Hindware Home In falling/rising?

As of 26-Aug, Hindware Home Innovation Ltd's stock price is rising, currently at 317.05, reflecting an increase of 6.65 or 2.14%. The stock has outperformed its sector by 3.99% today and has been on a gaining streak for the last two days, accumulating a total return of 6.16% during this period. It reached an intraday high of Rs 325, and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a challenging year where the stock has returned -12.89%, recent positive results after a long period of negative performance, including a significant annual growth in operating profit and a favorable debt-equity ratio, have contributed to the stock's upward movement.
In the broader market context, Hindware Home Innovation Ltd has shown a strong short-term performance, with a 1-week return of +3.61%, contrasting sharply with the Sensex, which has declined by -1.05% during the same period. This indicates that the stock is gaining traction even as the overall market faces challenges. The consumer durables sector has also seen a decline of -2.02%, highlighting the stock's resilience. The rising investor participation, evidenced by a significant increase in delivery volume, further supports the positive sentiment surrounding the stock amidst a generally unfavorable market environment.