Why is Hubtown falling/rising?

As of 16-Jul, Hubtown Ltd's stock price is currently at Rs 294.50, reflecting a decrease of Rs 4.9 or 1.64%. Today's price summary indicates that the stock has underperformed its sector by 2.09%, with an intraday low of Rs 291.4, which is a decline of 2.67%. Despite a strong performance in the past year, where the stock has generated a return of 66.34%, recent trading shows a significant drop in investor participation, with delivery volume falling by 61.93% against the 5-day average. The company's positive results over the last four quarters, including a 131% growth in PAT and a 38.21% increase in net sales, are overshadowed by concerns regarding its long-term fundamental strength, particularly a low average ROCE of 1.43% and a high percentage of pledged promoter shares.
In the broader market context, Hubtown's short-term performance has been relatively strong, with a 1.87% increase over the past week, while the Sensex has declined by 1.08%. However, the stock's recent decline suggests that investor sentiment may be influenced by its weak long-term growth prospects and high valuation concerns, despite its historical outperformance against the BSE500 over various periods. The combination of falling investor participation and the negative implications of pledged shares in a declining market may be contributing to the stock's current downward movement.