Why is Honda India falling/rising?

As of 18-Jul, Honda India Power Products Ltd's stock price is currently at 2,984.00, reflecting a slight increase of 0.2 (0.01%). The stock has shown a trend reversal, gaining after two consecutive days of decline. Despite a recent outperformance against its sector by 0.41%, the stock's delivery volume has significantly decreased by 62.41% compared to the 5-day average, indicating falling investor participation. Over the past month, the stock has risen by 6.42%, while it has experienced a decline of 25.99% over the past year. The company has recently reported positive results after six quarters of losses, with net sales reaching their highest at Rs 268.68 crore and an operating profit margin of 16.15%, which may have contributed to the recent uptick in stock price.
In the broader market context, Honda India Power Products Ltd has outperformed the Sensex in the short term, with a 1-week return of -3.12% compared to the benchmark's -0.90%. However, the stock's year-to-date performance of +5.23% is slightly better than the Sensex's +4.63%. The company's low debt-to-equity ratio and the fact that the majority shareholders are promoters may provide some stability and confidence to investors, which could be influencing the stock's recent positive movement despite the overall volatility in the market.