Why is Hyundai Motor I falling/rising?

As of 01-Jul, Hyundai Motor India Ltd's stock price is rising, currently at 2,240.05, reflecting an increase of 20.7 or 0.93%. The stock has shown strong performance recently, gaining 12.26% over the last six days and outperforming its sector by 1.04% today. It reached a new 52-week high of Rs. 2265.05, indicating positive momentum. The stock is also trading above its moving averages across various time frames, which suggests a bullish trend. Additionally, the company has demonstrated strong long-term fundamentals, with a high average Return on Equity (ROE) of 46.36% and consistent growth in net sales and operating profit. However, it is worth noting that while the stock has generated a return of 0.00% over the past year, its profits have declined by 8%, which could be a concern for some investors.
In the broader market context, Hyundai Motor India's stock has outperformed the benchmark Sensex over the past week and month, with returns of 8.11% and 21.10%, respectively, compared to the Sensex's 2.00% and 2.76%. This indicates that the stock is gaining traction relative to the overall market. The rising investor participation, evidenced by a 27.81% increase in delivery volume, further supports the stock's upward movement. Despite some risks, such as flat results reported in March 2025, the overall sentiment appears positive, bolstered by strong fundamentals and favorable trading conditions.