Why is HB Stockholdings falling/rising?

As of 04-Nov, HB Stockholdings Ltd is experiencing a decline in its stock price, currently at Rs 85.00, which reflects a decrease of Rs 4.33 or 4.85%. The stock has been underperforming, having lost 12.72% over the last three days, and it touched an intraday low of Rs 83.1, indicating significant downward pressure. Additionally, the stock's performance today has underperformed its sector by 4.88%. In terms of returns, while the stock has shown a positive return of 8.95% over the past week, it has a year-to-date decline of 24.17% and a one-year decline of 37.93%. There is also a notable decrease in investor participation, with delivery volume falling by 39.5% against the five-day average, suggesting reduced interest from investors.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 2.77% over the past month, HB Stockholdings' return of 1.80% indicates a lag in performance. The stock's recent struggles are further highlighted by its consecutive losses and the fact that it is trading lower than several moving averages, which typically signals bearish sentiment. Despite a strong historical performance over three and five years, the current trends suggest that the stock is facing significant challenges in the short term, contributing to its declining price.