Why is Hyundai Motor I falling/rising?

As of 30-Jun, Hyundai Motor India Ltd's stock price is currently at Rs. 2,219.35, reflecting an increase of Rs. 26.7 or 1.22%. The stock has been on an upward trend, gaining for the last five days and achieving a return of 11.22% over that period. It reached a new 52-week high of Rs. 2,260 today, outperforming its sector by 2.14%. However, there has been a notable decline in investor participation, with delivery volume dropping by 50.26% against the five-day average. The company exhibits strong long-term fundamentals, evidenced by a high average return on equity (ROE) of 46.36% and healthy growth in net sales and operating profit. Despite a flat return over the past year and a slight decline in profits, the stock is considered fairly valued.
In the broader market context, Hyundai Motor India Ltd has significantly outperformed the Sensex, with a 1-week return of 11.22% compared to the Sensex's 2.09% and a 1-month return of 19.98% against the Sensex's 2.65%. This strong performance indicates that the stock is gaining traction among investors, likely due to its solid fundamentals and positive growth outlook, despite the recent drop in trading volume. The liquidity of the stock remains adequate for trading, which may also contribute to its rising price amidst a generally favorable market sentiment.