Why is Honasa Consumer falling/rising?

As of 09-Jul, Honasa Consumer Ltd's stock price is currently at 301.95, reflecting an increase of 4.45, or 1.5%. The stock has been gaining for the last three days, with a total return of 2.62% during this period. Despite a year-to-date return of 19.40%, the stock has experienced a decline of 5.93% over the past month and a significant drop of 33.62% over the past year. The company benefits from a low debt-to-equity ratio and high institutional holdings at 34.04%, which suggests a level of confidence from more sophisticated investors, potentially supporting the stock's recent upward movement.
In the broader market context, Honasa Consumer's short-term performance has outpaced the Sensex, which has only increased by 0.15% over the past week, while Honasa's stock rose by 2.22%. However, the stock's delivery volume has decreased by 11.45% compared to the five-day average, indicating a potential decline in investor participation. This could suggest that while the stock is currently rising, there may be underlying concerns regarding sustained interest from retail investors.