Why is Hubtown falling/rising?

As of 14-Jul, Hubtown Ltd's stock price is currently at Rs 296.45, reflecting a decline of Rs 12.05 or 3.91%. Today's price summary indicates that the stock has underperformed its sector by 4.94% and has experienced a trend reversal after three consecutive days of gains, touching an intraday low of Rs 293.3. Despite this drop, the stock has shown strong performance over the past week, with a return of 4.13%, and has significantly outperformed the benchmark Sensex over various periods, including a remarkable 68.15% increase over the past year. Positive factors contributing to the stock's performance include consistent growth in net sales and profit after tax over the last four quarters, alongside a high return on capital employed (ROCE) for the first half of the year. However, concerns about long-term fundamental strength, particularly a low average ROCE and a high percentage of pledged promoter shares, may be weighing on investor sentiment.
In the broader market context, while Hubtown's recent short-term performance has been strong, it has faced challenges today, leading to a decline in price. The stock's performance over the last week contrasts with the Sensex, which has decreased by 1.42% during the same period. Although Hubtown has shown impressive long-term returns, the market's reaction to its recent price drop may be influenced by the overall liquidity and trading conditions, as well as the company's ability to service its debt, which remains a concern. The combination of these factors suggests that while the stock has historically outperformed, current market dynamics and investor sentiment are contributing to its recent decline.