Why is HBL Engineering falling/rising?

As of 17-Sep, HBL Engineering Ltd's stock price is currently at 878.25, reflecting a decrease of 11.5 points or 1.29%. The stock has been experiencing a consecutive decline over the last two days, resulting in a total drop of 3.4%. Despite this recent downturn, the stock has shown strong performance over the past month, with a return of 14.57%, and has significantly outperformed the benchmark over the year with a return of 39.62%. The company has a low debt-to-equity ratio and has reported positive results in June 2025 after two consecutive negative quarters, indicating healthy long-term growth potential. However, the stock underperformed its sector by 0.89% today, which may have contributed to the recent price decline.
In the broader market context, HBL Engineering's short-term performance has lagged behind the Sensex, which has increased by 1.56% over the past week compared to the stock's gain of only 1.19%. This underperformance relative to the benchmark could be influencing investor sentiment negatively. Additionally, while the stock remains liquid enough for trading, the recent consecutive falls and underperformance against the sector may be causing some investors to reassess their positions, leading to the current price decline.