Why is Ansal Properties falling/rising?

As of 21-Jul, Ansal Properties & Infrastructure Ltd is experiencing a price increase, currently at 5.45, with a change of 0.1, reflecting a rise of 1.87%. The stock has shown a strong performance recently, gaining 11.91% over the last six days and outperforming its sector by 1.42% today. In the past week, the stock has risen by 9.88%, while over the past month, it has increased by 27.63%. However, despite these short-term gains, the company faces significant long-term challenges, including a high Debt to EBITDA ratio of 12.84 times and a negative net worth, which raises concerns about its ability to service debt. Additionally, 72.38% of promoter shares are pledged, which could exert downward pressure on the stock in a falling market.
Broader market context indicates that while Ansal Properties has outperformed the Sensex in the short term, with a 1-week return of +9.88% compared to the Sensex's -0.06%, the stock has consistently underperformed over the longer term, with a year-to-date decline of -46.46% against the Sensex's +5.20%. This consistent underperformance over the past three years, coupled with the company's recent positive financial results, creates a complex picture. The stock's recent gains may be driven by short-term trading dynamics rather than a solid recovery in its fundamental strength, as indicated by the lack of declared results in the last six months and the overall weak long-term outlook.