Why is HB Estate Devel. falling/rising?

As of 18-Jul, HB Estate Developers Ltd is currently priced at 85.00, reflecting a decrease of 0.35 (-0.41%). The stock has been underperforming, having lost 4.04% over the last four days, and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 72.06% compared to the 5-day average. Despite the company reporting positive results over the last 15 quarters, including an 8.95% growth in operating profit and a healthy PAT of Rs 9.40 crore, the stock's year-to-date performance shows a decline of 13.27%, indicating challenges in maintaining investor confidence.
In the broader market context, the stock's short-term performance of -0.41% over the past week contrasts with the Sensex, which has declined by 0.90%. While the company has shown strong long-term returns, including a remarkable 408.98% increase over three years, the recent weak performance and declining investor interest suggest a lack of confidence in its future growth potential. The high Debt to EBITDA ratio and average long-term ROCE of 4.09% further contribute to concerns regarding the company's ability to sustain growth, which may be influencing the stock's current downward trend.