Why is HB Estate Devel. falling/rising?

As of 21-Aug, HB Estate Developers Ltd is experiencing a price increase, currently at Rs 83.56, reflecting a rise of Rs 2.56 or 3.16%. The stock has shown strong performance today, outperforming its sector by 4.11% and achieving consecutive gains over the last two days, with a total return of 16.52% during this period. The stock reached an intraday high of Rs 87.99, although it also faced a low of Rs 77.51, indicating high volatility with an intraday fluctuation of 6.33%. Additionally, the stock has outperformed the benchmark Sensex in the past week, gaining 14.54% compared to the Sensex's 1.74%. However, it has underperformed over the longer term, with a year-to-date decline of 14.73% against the Sensex's gain of 4.94%. There is no information available regarding positive or negative factors that could impact the stock's recent movement.
Broader Market Context: In the short term, HB Estate Developers Ltd has significantly outperformed the benchmark Sensex, particularly in the past week, which may indicate positive sentiment among investors. This strong short-term performance contrasts with its longer-term returns, where the stock has declined by 14.73% year-to-date, while the Sensex has increased by 4.94%. The rising investor participation, evidenced by a substantial increase in delivery volume, suggests growing interest in the stock, which may be contributing to its recent upward price movement despite its overall negative performance in the longer time frames.