Why is Honasa Consumer falling/rising?

As of 23-Sep, Honasa Consumer Ltd's stock price is currently at 299.85, reflecting a slight increase of 0.15 (0.05%). The stock has shown a trend reversal, gaining after two consecutive days of decline. Despite a recent underperformance over the past week with a return of -1.69% compared to the Sensex's -0.34%, the company reported positive financial results for June, including a significant growth in profit before tax and net sales, which may have contributed to the recent uptick in price. Additionally, the company maintains a low debt-to-equity ratio and has seen an increase in institutional holdings, indicating confidence from larger investors.
In the broader market context, while Honasa Consumer's short-term performance has lagged behind the benchmark, its year-to-date return of +18.56% significantly outpaces the Sensex's +5.07%. However, the stock's recent delivery volume has decreased by 33.48% against the five-day average, suggesting a decline in investor participation. This drop in trading volume could indicate caution among investors, despite the positive financial indicators and institutional interest, which may be influencing the stock's price movement.