Why is Honda India falling/rising?

As of 22-Jul, Honda India Power Products Ltd is experiencing a decline in its stock price, currently at 2,967.40, reflecting a decrease of 18.5 points or 0.62%. The stock has shown a trend reversal, falling after two consecutive days of gains. Despite outperforming its sector by 0.72% today, the stock's delivery volume has significantly decreased by 35.43% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has underperformed with a return of -1.81%, while it has performed better over the past month with an increase of 8.37%. The company has recently reported positive quarterly results after a series of negative quarters, which may have initially supported the stock's price, but the current decline suggests a lack of sustained investor confidence.
In the broader market context, the Sensex has shown a slight decline of 0.47% over the past week, which is less than Honda India's performance, indicating that the stock's short-term struggles are somewhat isolated. Year-to-date, Honda India has a return of 4.65%, which is slightly below the Sensex's 5.18%. The company's low debt-to-equity ratio and recent positive financial results could provide a foundation for future growth, but the current price movement suggests that investors may be cautious, particularly given the recent drop in trading volume and the stock's performance relative to its moving averages.