Why is Honda India falling/rising?

As of 24-Jul, Honda India Power Products Ltd is experiencing a decline in its stock price, currently at Rs 2,910.50, which reflects a decrease of Rs 24.25 or 0.83%. The stock has been underperforming, having fallen consecutively for the last three days with a total decline of 2.53%. Despite opening with a gain of 7.33% today and reaching an intraday high of Rs 3,149.95, the stock's performance has been volatile, with significant fluctuations throughout the day. In terms of returns, the stock has underperformed the sector by 0.55% today and has shown a 1-week decline of 2.46%, while it has gained 0.65% over the past month. However, it has a positive year-to-date return of 2.64%, contrasting sharply with its 1-year performance, which shows a significant decline of 29.39%.
In the broader market context, the Sensex has only slightly declined by 0.09% over the past week, indicating that Honda's recent struggles are more pronounced compared to the overall market. The stock's performance is also notable given its long-term returns, with a 3-year increase of 81.48% and a 5-year increase of 187.39%, suggesting strong historical growth despite recent challenges. The company's low debt-to-equity ratio and the declaration of positive results after six consecutive negative quarters may provide some support for the stock, but the recent volatility and underperformance relative to the sector indicate that investor sentiment remains cautious.