Why is HB Stockholdings falling/rising?

As of 12-Nov, HB Stockholdings Ltd is experiencing a decline in its stock price, currently at 86.30, which represents a decrease of 13.37 or 13.41%. The stock has underperformed its sector by 14.1% today and has been on a downward trend for the last two days, accumulating a total loss of 13.66%. It opened significantly lower, with a gap down of 7.7%, and has shown high volatility, trading within a wide range of Rs 17.2. The stock's performance over the past month shows a decline of 1.30%, and year-to-date, it has fallen by 23.02%. Additionally, investor participation has decreased, with delivery volume dropping by 58.72% compared to the five-day average, indicating a lack of confidence among investors.
In the broader market context, the stock's short-term performance over the past week has been slightly positive at +1.67%, outperforming the Sensex, which increased by 1.21%. However, over the longer term, HB Stockholdings has significantly underperformed the benchmark, with a year-to-date decline of 23.02% compared to the Sensex's gain of 8.10%. This stark contrast highlights the challenges faced by the company in maintaining investor interest and confidence, particularly in light of its recent price movements and declining trading volumes.