Why is HUDCO falling/rising?

As of 12-Jun, Housing & Urban Development Corporation Ltd. (HUDCO) is experiencing a decline in its stock price, currently at Rs 230.60, which reflects a decrease of Rs 8.25 or 3.45%. The stock has been underperforming, having fallen consecutively for the last three days with a total decline of 6.72%. Today's trading saw the stock reach an intraday low of Rs 229.35, and it has underperformed its sector by 0.7%. In terms of returns, HUDCO has shown a negative performance over the past week at -4.67% and year-to-date at -1.77%, while its one-year return is down by 17.38%. Despite these short-term challenges, the company has demonstrated strong long-term fundamentals, with a consistent positive performance over the last six quarters and a solid return on equity of 12.53%.
In the broader market context, HUDCO's recent performance contrasts with the Sensex, which has gained 0.31% over the past week. The finance and housing sector, in which HUDCO operates, has also seen a decline of 2.76%. The falling investor participation, indicated by a 45.9% drop in delivery volume compared to the five-day average, suggests a lack of confidence among investors. However, HUDCO remains the largest company in its sector, holding a significant market share and achieving substantial sales growth, which could provide a foundation for recovery in the long term.