Why is HUDCO falling/rising?

As of 24-Sep, Housing & Urban Development Corporation Ltd. (HUDCO) is experiencing a decline in its stock price, currently at 232.35, which reflects a decrease of 2.85 or 1.21%. The stock has underperformed its sector by 0.66% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 3.25%. Despite this recent decline, HUDCO is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating some underlying strength. The company has shown strong long-term fundamental strength with a solid average Return on Equity (ROE) of 12.53%, and it has reported positive results for the last seven consecutive quarters, with net sales growing significantly. However, the stock's long-term growth is hindered by a relatively poor annual growth rate of net sales at 8.08%, and it is trading at a premium compared to its peers, which may be contributing to the recent price decline.
In the broader market context, HUDCO's short-term performance over the past week shows a gain of 3.36%, while the benchmark Sensex has decreased by 1.18%. This indicates that HUDCO has outperformed the broader market in the short term, despite its current price drop. However, the year-to-date performance reveals a decline of 1.02% for HUDCO, contrasting with a 4.58% increase in the Sensex, suggesting that while the stock may have had some recent positive momentum, it is still facing challenges in the longer term compared to the overall market. The stock's valuation concerns, highlighted by its high Price to Book Value ratio and the negative return over the past year, further complicate its outlook amidst a backdrop of rising investor participation and liquidity.