Why is Hyundai Motor I falling/rising?

As of 18-Aug, Hyundai Motor India Ltd's stock price is rising, currently at 2,427.20, reflecting an increase of 196.2 or 8.79%. The stock has recently reached a new 52-week and all-time high of Rs. 2460, demonstrating strong performance today with an intraday high of 10.26%. Over the past week, the stock has outperformed the sector by 3.65% and has shown significant gains of 12.94% over the last week and 14.41% over the past month. Despite a decline in delivery volume, which fell by 20.61% against the 5-day average, the stock remains liquid enough for trading. The company's strong long-term fundamentals, highlighted by a high Return on Equity (ROE) of 46.36% and healthy growth in net sales and operating profit, contribute positively to its recent price movement. Additionally, an increase in institutional investor participation, which has risen by 0.66% in the last quarter, suggests growing confidence in the company's prospects.
In the broader market context, Hyundai Motor India Ltd has significantly outperformed the benchmark Sensex, which has only gained 0.83% over the past week. The stock's year-to-date return of 34.54% also contrasts sharply with the Sensex's 4.01% increase, indicating a strong relative performance. This disparity highlights the stock's resilience and attractiveness to investors, particularly in the face of a flat quarterly result in June, where net sales fell by 5.1%. Overall, the combination of strong fundamentals, positive investor sentiment, and substantial outperformance against the benchmark has driven the stock's recent rise.