Why is Honda India falling/rising?

As of 15-Jul, Honda India Power Products Ltd is experiencing a price increase, currently at Rs 3,022.10, reflecting a rise of Rs 45.1 or 1.51%. Today's price summary indicates that the stock has outperformed its sector by 1.01% and has shown a trend reversal after two consecutive days of decline, reaching an intraday high of Rs 3,050. The stock's performance over the past month has been positive, with a 5.26% increase, while it has also shown significant growth over the past three years at 100.61%. The company recently declared positive results after six consecutive quarters of losses, with net sales reaching Rs 268.68 crore and an operating profit margin of 16.15%, which may have contributed to the recent upward movement.
In the broader market context, the stock's short-term performance has been relatively better than the benchmark Sensex, which has declined by 1.36% over the past week while Honda India has only fallen by 0.24%. Despite this recent uptick, the stock is still down 25.89% over the past year, contrasting with the Sensex's modest gain of 2.36%. Additionally, there has been a slight decrease in investor participation, with delivery volume falling by 1.03% against the five-day average, indicating some caution among investors. However, the liquidity of the stock remains adequate for trading, suggesting that while the stock is currently rising, there are mixed signals regarding its overall stability and investor confidence.