Why is Hubtown falling/rising?

As of 03-Jul, Hubtown Ltd's stock price is rising, currently at 275.20, reflecting an increase of 16.35 or 6.32%. The stock has shown a strong performance today, outperforming its sector by 6.67% and reversing a trend after two consecutive days of decline. It reached an intraday high of Rs 280, indicating positive momentum. Over the past week, the stock has gained 17.63%, and in the last month, it has surged by 52.04%, significantly outperforming the Sensex, which has only increased by 3.10%. The company has reported positive results for the last four consecutive quarters, with a notable growth in profit after tax and net sales, contributing to the stock's upward movement. However, there are concerns regarding its long-term fundamental strength, particularly with a low average return on capital employed and a high percentage of pledged promoter shares.
In the broader market context, Hubtown's short-term performance has been impressive compared to the benchmark, as it has outperformed the Sensex significantly over both the 1-week and 1-month periods. While the stock has generated a return of 54.22% over the past year, the Sensex has only increased by 4.07%, showcasing Hubtown's strong market position. Despite the positive short-term performance, the stock's liquidity has been affected by a significant drop in delivery volume, which may raise concerns among investors. Overall, while Hubtown Ltd is experiencing a rise in its stock price due to strong recent performance and positive financial results, underlying issues related to long-term growth and high promoter share pledges could pose risks moving forward.