Why is HB Estate Devel. falling/rising?

As of 19-Sep, HB Estate Developers Ltd is currently priced at 101.70, reflecting a decrease of 0.84, or 0.82%. The stock has experienced a trend reversal, falling after seven consecutive days of gains. Despite this recent decline, it is noteworthy that the stock has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend prior to this drop. Additionally, the stock has shown impressive returns over the longer term, with a 271.17% increase over three years and a staggering 967.16% increase over five years. However, there has been a significant decline in investor participation, with delivery volume dropping by 63.57% compared to the 5-day average, which may have contributed to the recent price decline.
In the broader market context, HB Estate Developers Ltd has outperformed the benchmark Sensex in the short term, with a 13.00% increase over the past week compared to the Sensex's 0.88% rise. Over the past month, the stock has also significantly outperformed the benchmark, gaining 41.82% while the Sensex only increased by 1.20%. This strong performance relative to the benchmark suggests that the stock has been favored by investors, although the recent price drop may indicate a correction or profit-taking after a period of substantial gains. The lack of positive or negative dashboard data limits further insights into specific factors influencing investor sentiment at this time.