Why is Hubtown falling/rising?

As of 26-Jun, Hubtown Ltd's stock price is rising, currently at 233.95, reflecting an increase of 12.65 or 5.72%. The stock has shown strong performance recently, gaining 12.37% over the last two days and outperforming its sector by 6.48% today. It reached an intraday high of Rs 237.8, indicating positive momentum. Over the past week, the stock has increased by 13.73%, and it has generated a remarkable 53.11% return over the last year, significantly outperforming the BSE 500 index during the same period. The company has also reported positive financial results, with a 131% growth in profit after tax and a 38.21% increase in net sales over the last six months, contributing to the stock's upward movement.
In the broader market context, Hubtown's recent performance has been notably strong compared to the Sensex, which has only risen by 2.94% over the past week. This highlights the stock's robust short-term return relative to the benchmark. However, it is important to note that while the stock has performed well in the near term, there are concerns regarding its long-term fundamentals, including a weak average return on capital employed and a high percentage of pledged promoter shares, which could pose risks in a declining market. Despite these concerns, the stock's recent gains and positive financial results have driven investor interest and participation, contributing to its current upward trajectory.