Why is Hyundai Motor I falling/rising?

As of 29-Jul, Hyundai Motor India Ltd's stock price is currently at Rs 2,101.50, reflecting an increase of Rs 54.5, or 2.66%. The stock has shown a trend reversal, gaining after three consecutive days of decline, and it outperformed its sector by 2.31% today. The stock reached an intraday high of Rs 2,105, indicating positive momentum. However, it is important to note that the stock has experienced a decline of 4.16% over the past month, while its year-to-date performance remains strong at +16.48%. The company has demonstrated strong long-term fundamentals, with a high average Return on Equity (ROE) of 46.36% and healthy growth in net sales and operating profit. Despite a flat performance over the past year, the recent increase in institutional investor participation, which has risen by 0.66%, suggests a growing confidence in the company's fundamentals.
In the broader market context, Hyundai Motor India's stock has outperformed the Sensex, which has declined by 1.03% over the past week. While the stock's recent performance is positive, the overall market sentiment has been somewhat negative, as indicated by the benchmark's decline. The stock's liquidity remains adequate, allowing for significant trading activity, although there has been a decrease in delivery volume, which may indicate a cautious approach among retail investors. Overall, the combination of strong fundamentals, increased institutional interest, and a positive short-term price movement contributes to the stock's rising trajectory, despite some challenges in the broader market.