Why is HUDCO falling/rising?

As of 15-Jul, Housing & Urban Development Corporation Ltd. (HUDCO) is experiencing a price increase, currently at 233.30, reflecting a rise of 1.9 or 0.82%. The stock has been gaining for the last two days, with a total return of 1.15% during this period. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Despite a decline in delivery volume by 27.99% against the 5-day average, the company has demonstrated strong long-term fundamentals, with a return on equity (ROE) of 12.53% and consistent positive results over the last six quarters, including a 28.75% growth in profit after tax. Although the stock has underperformed over the past year with a return of -30.50%, its profits have increased, and it maintains a fair valuation with a price-to-book ratio of 2.6.
In the broader market context, HUDCO's short-term performance of +1.81% over the past week contrasts with the Sensex, which has declined by 1.36% during the same period. This indicates that HUDCO is outperforming the benchmark index in the short term. However, it is important to note that while HUDCO's year-to-date performance shows a decline of -0.62%, the Sensex has increased by 5.67%, highlighting a challenging environment for the stock relative to the overall market. Despite this, HUDCO's significant market capitalization and its status as the largest company in its sector suggest a strong position within the industry, contributing to its recent price rise.