Why is Hyundai Motor I falling/rising?

As of 09-Jul, Hyundai Motor India Ltd's stock price is rising, currently at Rs 2,091.65, reflecting an increase of Rs 41.6 or 2.03%. Today's price summary indicates that the stock outperformed its sector by 1.66% and reached an intraday high of Rs 2,098.2, marking a 2.35% increase. Despite a recent decline in investor participation, with delivery volume falling by 66.51% against the 5-day average, the stock remains liquid enough for trading. Over the past month, Hyundai's stock has shown a positive return of 7.26%, significantly outperforming the Sensex, which rose by only 1.32%. The company benefits from strong long-term fundamentals, including an average Return on Equity (ROE) of 46.36% and healthy growth rates in net sales and operating profit.
Broader market context shows that while Hyundai's stock has experienced a slight decline of 1.48% over the past week, it has performed well year-to-date with a return of 15.94%, compared to the Sensex's 6.91%. This indicates that despite short-term fluctuations, the stock is gaining traction in the longer term. The company's fair valuation and low debt-to-equity ratio contribute positively to its appeal, although it has faced challenges with flat results in March and a recent profit decline of 8%. Overall, the combination of strong fundamentals and recent price performance suggests a favorable outlook for Hyundai Motor India Ltd.