Why is HBL Engineering falling/rising?

As of 08-Sep, HBL Engineering Ltd's stock price is currently at Rs 836.35, reflecting a decrease of Rs 23.65 or 2.75%. The stock has underperformed its sector today by 3.68%, reaching an intraday low of Rs 830, which is a decline of 3.49%. Despite this drop, the stock has shown significant growth over the past month, with a 39.80% increase, and has consistently outperformed the BSE500 over the last three years. The company recently reported positive quarterly results, with a notable 109.7% growth in profit after tax and the highest net sales recorded, indicating strong operational performance. However, a decline in investor participation, with delivery volume falling by 53.55%, may have contributed to the stock's current downward movement.
In the broader market context, HBL Engineering's short-term performance has lagged behind the Sensex, which has gained 0.53% over the past week while HBL Engineering has decreased by 0.29%. This underperformance in the short term, coupled with a significant drop in trading volume, suggests a cautious sentiment among investors despite the company's strong long-term growth indicators and low debt levels. The stock remains liquid enough for trading, but the recent price decline may reflect market reactions to the reduced investor engagement and the overall market environment.