Why is Hyundai Motor I falling/rising?

As of 13-Aug, Hyundai Motor India Ltd is experiencing a price increase, currently at Rs 2,245.75, reflecting a rise of Rs 41.85 or 1.9%. The stock has shown strong performance recently, gaining 6.03% over the last three days and is currently trading close to its 52-week high, just 0.86% away from Rs 2,265.05. It has outperformed its sector by 1.04% today, and is trading above all key moving averages, indicating a bullish trend. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 202.42% compared to the five-day average. The company’s strong long-term fundamentals, including a high return on equity (ROE) of 46.36% and low debt-to-equity ratio, further support the stock's upward movement, despite a recent decline in profits.
In the broader market context, Hyundai Motor India Ltd has outperformed the benchmark Sensex, which has shown a slight decline of 0.01% over the past week, while the stock itself has increased by 3.51%. Over the past month, the stock has gained 6.75%, contrasting with the Sensex's drop of 2.38%. This positive divergence suggests that investor sentiment towards Hyundai Motor India Ltd remains strong, particularly in light of increased institutional investment, which has risen by 0.66% in the last quarter. However, it is important to note that the company reported flat net sales in the last quarter, which could pose a risk to its future performance.