Why is Hubtown falling/rising?

As of 02-Jul, Hubtown Ltd's stock price is currently at 258.85, reflecting a decline of 6.65, or 2.5%. The stock has been underperforming, having fallen for the last two days with a total decline of 4.55%. Today's trading saw the stock touch an intraday low of Rs 256, and it has experienced a significant drop in delivery volume, down 47.4% compared to the five-day average. Despite this recent downturn, Hubtown has shown strong performance over the past year with a return of 40.99%, and it has outperformed the BSE500 index in the long term. However, concerns regarding its long-term fundamental strength, including a low average Return on Capital Employed (ROCE) and a high percentage of pledged promoter shares, may be contributing to the current price decline.
In the broader market context, Hubtown's short-term performance contrasts sharply with the Sensex, which has only increased by 0.79% over the past week. While Hubtown has delivered impressive returns of 44.81% over the past month, the recent price drop indicates a potential shift in investor sentiment, possibly influenced by the company's weak long-term growth prospects and high valuation concerns. The stock's liquidity remains adequate for trading, but the falling investor participation suggests a cautious outlook among traders, further exacerbating the downward pressure on the stock price.