Why is Honda India falling/rising?

As of 11-Jul, Honda India Power Products Ltd is experiencing a decline in its stock price, currently at Rs 3,080.00, reflecting a decrease of Rs 36.5 or 1.17%. Despite this drop, the stock has shown resilience in the short term, with a 1-week return of +3.32% and a 1-month return of +3.76%. Today's performance indicates that the stock outperformed its sector by 0.71%, although it has reversed its trend after two consecutive days of gains. The stock reached an intraday high of Rs 3,193.7, and it is trading above all key moving averages, suggesting a generally positive trend. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 341.56% against the 5-day average. The company has also reported positive financial results after a series of negative quarters, which may have contributed to recent investor interest.
In the broader market context, while Honda India has shown positive returns over the past week and month, the benchmark Sensex has experienced a decline of -1.12% and a flat performance over the past month. This indicates that Honda India has outperformed the market in the short term. However, over the past year, the stock has underperformed significantly with a return of -26.16%, contrasting sharply with the Sensex's gain of +3.26%. The company’s low debt-to-equity ratio and recent positive financial results may provide some support to the stock, but the overall negative performance over the longer term could be weighing on investor sentiment.