Why is Honda India falling/rising?

As of 14-Jul, Honda India Power Products Ltd is experiencing a decline in its stock price, currently at Rs 2,977.00, reflecting a decrease of Rs 103.0 or 3.34%. Today's price summary indicates that the stock has underperformed its sector by 2.5% and has been on a downward trend for the last two days, with a total drop of 4.48% during this period. Although the stock opened with a gain of 2.2% and reached an intraday high of Rs 3,147.8, it also hit a low of Rs 2,940, suggesting significant volatility. In terms of returns, the stock has shown a 1-month increase of 3.68% but has a year-to-date gain of only 4.98%, while it has underperformed over the past year with a decline of 26.49%.
In the broader market context, the Sensex has shown a decline of 1.42% over the past week, indicating that the stock's short-term performance is slightly worse than the benchmark. Despite the recent negative price movement, the company has reported positive results for the first quarter of 2025 after six consecutive quarters of losses, with net sales reaching Rs 268.68 crore and an operating profit margin of 16.15%. However, the stock's liquidity appears to be decreasing, as evidenced by a 22.24% drop in delivery volume compared to the 5-day average, which may contribute to the current price decline. The company's low debt-to-equity ratio and majority ownership by promoters could provide some stability, but the recent performance and investor participation trends suggest caution among investors.