Why is Hyundai Motor I falling/rising?

As of 24-Jun, Hyundai Motor India Ltd's stock price is rising, currently at Rs. 2,072.10, reflecting an increase of Rs. 76.7 or 3.84%. The stock has recently outperformed its sector by 3.84% and reached a new 52-week high of Rs. 2,083.6 today, indicating strong investor interest. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a positive trend. However, there is a notable decline in investor participation, with delivery volume falling by 80.7% compared to the 5-day average. The company demonstrates strong long-term fundamentals, with an average return on equity (ROE) of 46.36% and healthy growth in net sales and operating profit, although profits have decreased by 8% over the past year.
In the broader market context, Hyundai Motor India Ltd has shown a significant short-term return of 6.53% over the past week, compared to a modest 0.58% increase in the Sensex, indicating that the stock is performing well relative to the benchmark. Year-to-date, the stock has gained 14.86%, while the Sensex has only increased by 5.01%. This outperformance suggests that investor sentiment towards Hyundai Motor India Ltd remains strong, bolstered by its solid fundamentals and growth prospects, despite the recent drop in delivery volumes.