Why is Hisar Met.Inds. falling/rising?

As of 06-Aug, Hisar Metal Industries Ltd is experiencing a price increase, with its current price at Rs 212.50, reflecting a rise of 7.55 (3.68%). The stock has shown a positive trend today, gaining after two consecutive days of decline, and it reached an intraday high of Rs 212.5. Despite a low of Rs 199.9 earlier in the day, the stock's performance has outperformed its sector by 4.23%. Over the past week, the stock has risen by 5.15%, and over the past month, it has increased by 8.11%. However, there has been a notable decline in investor participation, with delivery volume dropping by 84.5% compared to the five-day average, indicating potential concerns about sustained interest. The stock is currently trading above all key moving averages, suggesting a bullish trend.
In the broader market context, the stock's short-term performance contrasts sharply with the benchmark Sensex, which has declined by 1.15% over the past week. While Hisar Metal Industries Ltd has shown resilience with a 3.68% increase today, the benchmark has struggled, reflecting a divergence in performance. Year-to-date, the stock is down 0.93%, while the Sensex has gained 3.08%, indicating that despite today's rise, the stock has not kept pace with the broader market trends in the longer term.