Why is Honda India falling/rising?

As of 05-Aug, Honda India Power Products Ltd is experiencing a price increase, currently at Rs 2,910.45, reflecting a rise of 19.3 points or 0.67%. The stock has shown a positive performance today, outperforming its sector by 0.5%, and has gained consecutively over the last two days with a total return of 1.35%. However, it opened with a loss of 2.11% and touched an intraday low of Rs 2,830.05. Despite this, the stock reached a high of Rs 2,970, indicating some volatility. Over the past week, the stock has increased by 2.16%, while it has declined by 2.37% over the past month and is down 25.81% year-over-year. Notably, delivery volume has decreased significantly, falling by 38.41% against the five-day average, which may suggest a decline in investor participation.
In the broader market context, the Sensex has decreased by 0.77% over the past week, indicating that Honda India has outperformed the benchmark during this period. Year-to-date, Honda India has gained 2.64%, while the Sensex has increased by 3.29%. This suggests that while the stock has shown some resilience in the short term, it has struggled over longer periods, particularly in the last year. The stock's moving averages indicate it is performing better than the 5-day, 100-day, and 200-day averages, but worse than the 20-day and 50-day averages, reflecting mixed signals about its recent performance. Overall, the combination of recent gains, volatility, and declining investor participation contributes to the stock's current upward movement amidst broader market challenges.