Why is HUDCO falling/rising?

As of 23-Sep, Housing & Urban Development Corporation Ltd. (HUDCO) is experiencing a decline in its stock price, currently at Rs 235.20, which represents a decrease of Rs 4.95 or 2.06%. Today's performance indicates that the stock has underperformed its sector by 1.5%, and it has fallen after two consecutive days of gains. The stock touched an intraday low of Rs 234.85, reflecting a decline of 2.21%. Despite this drop, HUDCO is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a positive return of 4.93%, and over the past month, it has increased by 11.05%. However, its year-to-date return is only 0.19%, and it has seen a decline of 3.39% over the past year. The company has strong long-term fundamentals, with an average Return on Equity (ROE) of 12.53% and positive results for the last seven consecutive quarters, but it also faces challenges such as poor long-term growth and a high valuation compared to peers.
In the broader market context, HUDCO's recent performance contrasts with the benchmark Sensex, which has seen a slight decline of 0.34% over the past week. While HUDCO has outperformed the benchmark in the short term, its long-term growth concerns, including an annual net sales growth rate of only 8.08% and a high Price to Book Value ratio of 2.6, may be contributing to the current downward pressure on its stock price. Despite the company's strong sales figures and significant market capitalization, the stock's premium valuation relative to its peers and the negative sentiment surrounding its growth prospects could be influencing investor behavior, leading to the recent decline.