Why is Hubtown falling/rising?

As of 01-Jul, Hubtown Ltd's stock price is currently at Rs 265.50, reflecting a decrease of Rs 5.7 or 2.1%. Today's performance indicates that the stock has underperformed its sector by 1.99%, and it has experienced a trend reversal after four consecutive days of gains, touching an intraday low of Rs 259.05. Despite trading above its moving averages, the stock has seen a decline in investor participation, with delivery volume falling by 0.5% against the five-day average. Over the past year, Hubtown has generated a return of 50.17%, significantly outperforming the BSE500, but it also faces concerns regarding its long-term fundamental strength, including a weak Return on Capital Employed (ROCE) and high promoter pledged shares, which may exert downward pressure on the stock price.
In the broader market context, Hubtown's short-term return of 27.52% over the past week is considerably higher than the Sensex's 2.00% increase, indicating strong performance relative to the benchmark in the near term. However, the stock's year-to-date performance shows a decline of 1.23%, contrasting with the Sensex's gain of 7.11%. This discrepancy highlights the volatility and potential concerns surrounding Hubtown's long-term growth prospects, particularly given its weak EBIT to Interest ratio and the high valuation metrics compared to peers. Overall, while the stock has shown impressive returns in the short term, the recent price decline suggests that investors may be reacting to underlying weaknesses in the company's financial health and market conditions.