Why is Ansal Properties falling/rising?

As of 18-Jul, Ansal Properties & Infrastructure Ltd is experiencing a price increase, currently at 5.35, with a change of 0.1, representing a 1.9% rise. The stock has shown strong performance recently, gaining 9.86% over the past week and 25.29% over the last month, significantly outperforming the Sensex, which has declined by 0.90% and increased by only 0.38% respectively in the same periods. However, despite these short-term gains, the company faces challenges such as a high Debt to EBITDA ratio of 12.84 times, negative net worth, and a significant portion of promoter shares (72.38%) being pledged, which raises concerns about long-term sustainability and investor confidence.
In the broader market context, while Ansal Properties has outperformed the benchmark in the short term, it has consistently underperformed over the longer term, with a staggering decline of 51.14% over the past year compared to the Sensex's modest gain of 0.51%. The stock's liquidity appears adequate for trading, but a drastic drop in delivery volume by 99.33% indicates falling investor participation, which could pose risks moving forward. Overall, while the recent positive financial results and short-term performance may have contributed to the stock's rise, the underlying weaknesses and long-term challenges suggest a cautious outlook for investors.