Why is HB Portfolio falling/rising?

As of 18-Nov, HB Portfolio Ltd's stock price is currently at Rs 71.00, reflecting a decline of Rs 2.18 or 2.98%. The stock has been underperforming recently, having fallen consecutively for the last two days, resulting in a total drop of 8.21%. It is also close to its 52-week low, just 1.55% away from Rs 69.9. Despite opening the day with a gain of 4.95% and reaching an intraday high of Rs 76.8, the stock's performance has been disappointing, trading below all key moving averages. Additionally, while there has been a rise in investor participation with a 27.64% increase in delivery volume, the overall sentiment remains negative as the stock has significantly underperformed against the benchmark indices over various time frames.
In the broader market context, HB Portfolio's recent performance contrasts sharply with the Sensex, which has shown positive returns of 0.96% over the past week and 0.86% over the past month. The stock's year-to-date return of -32.61% starkly contrasts with the Sensex's gain of 8.36%, indicating a significant divergence in performance. This underperformance suggests that market conditions are favoring other investments, leading to a lack of confidence in HB Portfolio Ltd. Overall, the combination of recent price declines, poor relative performance against the benchmark, and the stock nearing its 52-week low contribute to the negative sentiment surrounding HB Portfolio Ltd.