Why is HUDCO falling/rising?

As of 04-Jul, Housing & Urban Development Corporation Ltd. (HUDCO) is experiencing a slight increase in its stock price, currently at 231.20, reflecting a change of 0.05 or 0.02% upward. Today's price summary indicates that the stock has outperformed its sector by 0.72% and has shown a trend reversal after two consecutive days of decline. Although the stock is trading above its 50-day, 100-day, and 200-day moving averages, it remains below the 5-day and 20-day moving averages. The stock has faced a decline in investor participation, with delivery volume falling by 30.42% compared to the 5-day average. Despite a year-to-date return of -1.51% and a significant annual decline of -28.85%, the company has demonstrated strong long-term fundamentals, with a return on equity (ROE) of 12.53% and consistent profit growth over the past six quarters.
In the broader market context, HUDCO's short-term performance over the past week shows a decline of 2.03%, which is worse than the benchmark Sensex's decline of 0.74%. While the stock has underperformed the benchmark over the past month and year, it has significantly outperformed over the last three and five years, with returns of 560.57% and 580.00%, respectively. The company's strong fundamentals, including a positive profit after tax growth of 28.75% and a PEG ratio of 0.6, suggest that the stock may be undervalued despite its recent price movements. The majority ownership by promoters and its status as the largest company in the sector further support its long-term viability, indicating that while short-term fluctuations may be challenging, the underlying strength of HUDCO remains robust.