Why is Hindware Home In falling/rising?

As of 19-Sep, Hindware Home Innovation Ltd is experiencing a price increase, currently at 330.20, reflecting a change of 2.0 (0.61%) upward. Today's price summary indicates that the stock has outperformed its sector by 1.67% and has shown a trend reversal after three consecutive days of decline. Despite a recent drop in investor participation, with delivery volume falling by 46.18% against the 5-day average, the stock remains liquid enough for trading. Over the past month, Hindware has delivered a return of 7.91%, significantly outperforming the Sensex's 1.20% increase. However, it is important to note that while the stock has shown a modest annual return of 2.16%, its profits have declined sharply by 145.4% over the same period, indicating underlying challenges.
In the broader market context, Hindware's short-term performance contrasts with the Sensex, which has gained 0.88% over the past week while Hindware has declined by 1.73%. This divergence suggests that while the stock is currently rising, it has struggled in the short term relative to the benchmark. The company's healthy long-term growth prospects, highlighted by a significant annual operating profit increase of 71.14%, and a favorable debt-equity ratio, support its valuation. However, the high Debt to EBITDA ratio raises concerns about its ability to service debt, which may deter some investors, as evidenced by the low domestic mutual fund holdings in the company.