Why is HB Estate Devel. falling/rising?

As of 01-October, HB Estate Developers Ltd is experiencing a decline in its stock price, currently at Rs 89.00, which reflects a decrease of Rs 1.61 or 1.78%. The stock has underperformed its sector by 2.21% today and has been on a downward trend, losing 7.53% over the last two days. It opened with a loss of 2.88% and reached an intraday low of Rs 86.51, indicating significant selling pressure. Additionally, the stock's performance over the past week shows a decline of 7.47%, while its year-to-date performance is down by 9.18%. Notably, the delivery volume has decreased by 27.62% compared to the five-day average, suggesting falling investor participation, which may contribute to the stock's recent struggles.
In the broader market context, the Sensex has only declined by 0.90% over the past week, indicating that HB Estate Developers Ltd's short-term performance is significantly worse than the benchmark. While the stock has shown a positive return of 10.56% over the past month, its year-on-year performance is notably poor, down 16.82%, contrasting with the Sensex's decline of just 3.90% in the same period. This disparity highlights the stock's volatility and challenges in maintaining investor confidence, particularly in light of its recent consecutive falls and lower trading volumes.