Why is Honasa Consumer falling/rising?

As of 10-Jul, Honasa Consumer Ltd's stock price is currently at 301.65, reflecting a decrease of 0.3, or 0.1%. The stock has recently outperformed its sector by 0.49%, but it has experienced a trend reversal, falling after three consecutive days of gains. In terms of returns, the stock has shown a 1.63% increase over the past week, while it has declined by 5.19% over the past month. Despite a year-to-date increase of 19.28%, the stock has faced a significant decline of 36.07% over the past year. Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by 53.97% compared to the five-day average. The company maintains a low debt-to-equity ratio and has high institutional holdings at 34.04%, indicating a stable financial position and confidence from larger investors.
In the broader market context, the Sensex has shown a slight decline of 0.06% over the past week and a modest increase of 0.97% over the past month, suggesting that the overall market is relatively stable. However, Honasa Consumer's recent performance contrasts with the benchmark, as it has outperformed the Sensex in the short term but has struggled in the longer term, particularly over the past year. The stock's liquidity remains adequate for trading, but the falling delivery volume may indicate waning investor interest, which could contribute to the current price decline.