Why is HUDCO falling/rising?

As of 02-Jul, Housing & Urban Development Corporation Ltd. (HUDCO) is experiencing a decline in its stock price, currently at Rs 233.90, reflecting a decrease of Rs 6.75 or 2.8%. Today's price summary indicates that the stock has underperformed its sector by 1.29% and has fallen after two consecutive days of gains. The stock touched an intraday low of Rs 232.75, and the trading volume has decreased significantly, with delivery volume falling by 29.76% compared to the 5-day average. Over the past week, HUDCO has returned -2.34%, and over the past month, it has declined by 5.67%, while its year-to-date performance shows a slight decrease of 0.36%. Despite the recent downturn, the company has demonstrated strong long-term fundamentals, with a consistent growth in profits and a solid return on equity of 12.53%.
In the broader market context, HUDCO's performance contrasts with the Sensex, which has gained 0.79% over the past week and 2.50% over the past month. The stock's negative returns over the past year of -15.94% further highlight its underperformance relative to the benchmark, which has increased by 5.00% in the same period. Although HUDCO has shown strong financial results, including a 28% growth in profits and a fair valuation, the current market sentiment appears to be weighing on its stock price, leading to a decline in investor participation and liquidity.