Why is Ansal Properties falling/rising?

As of 09-Jul, Ansal Properties & Infrastructure Ltd's stock price is currently at 4.83, reflecting an increase of 0.09 or 1.9%. The stock has been on a positive trajectory, gaining for the last nine days and achieving a total return of 18.09% during this period. Additionally, it has outperformed its sector by 3.21% today. However, despite these short-term gains, the company has shown weak long-term fundamental strength, with a high Debt to EBITDA ratio of 12.84 times and a negative net worth. The recent positive results, including a 322% growth in PAT and a 39.9% increase in net sales, contrast sharply with the company's overall performance, which has seen a significant decline of 56.76% over the past year.
In the broader market context, Ansal Properties has outperformed the Sensex in the short term, with a 9.52% gain over the past week compared to the benchmark's mere 0.15% increase. However, the stock's long-term performance remains concerning, as it has underperformed against the benchmark over the last three years, with a staggering decline of 68.06%. This consistent underperformance, coupled with a high percentage of pledged promoter shares (72.38%), adds to the stock's risk profile, potentially putting downward pressure on its price in a falling market.