Why is Honasa Consumer falling/rising?

As of 24-Sep, Honasa Consumer Ltd's stock price is currently at 300.05, reflecting a decrease of 1.15, or 0.38%. The stock has underperformed its sector by 1.07% today, and it has seen a significant drop in investor participation, with delivery volume falling by 41.25% compared to the 5-day average. Despite being higher than the 20, 50, 100, and 200-day moving averages, it is lower than the 5-day moving average. Over the past week, the stock has declined by 0.89%, while it has shown a year-to-date increase of 18.64%. The company has reported strong financial results, with a substantial growth in profit before tax and net sales, and it maintains a low debt-to-equity ratio, which could support its valuation. Additionally, high institutional holdings, which have increased by 0.96% over the previous quarter, suggest confidence in the company's fundamentals.
In the broader market context, the Sensex has decreased by 1.18% over the past week, indicating that the stock's short-term decline is somewhat in line with the overall market trend. However, while the stock has performed well year-to-date compared to the benchmark, its one-year performance shows a significant decline of 36.60%, contrasting sharply with the Sensex's modest drop of 3.77%. This suggests that while the company has potential based on recent positive financial results and institutional support, it is currently facing challenges that are reflected in its stock price movement.