Why is Aurum Proptech falling/rising?

As of 10-Jun, Aurum Proptech Ltd is experiencing a significant rise in its stock price, currently at 211.15, reflecting an increase of 15.75 or 8.06%. The stock has shown strong performance today, outperforming its sector by 6.59% and achieving a consecutive gain over the last two days with an overall return of 8.9% in this period. It reached an intraday high of Rs 220.65, indicating robust trading activity, and has been trading above its moving averages across various time frames. However, despite this positive momentum, the company faces challenges such as a high Debt to EBITDA ratio of 23.38 times, negative operating profits, and poor long-term growth metrics, including a decline in net sales and operating profit over the past five years.
In the broader market context, Aurum Proptech's short-term performance has significantly outpaced the benchmark, with a 1-week return of +6.88% compared to the Sensex's +2.05%. This trend of outperformance is consistent over the past month, where the stock gained +21.07% against the Sensex's +3.70%. While the stock has shown impressive returns over the last year and three years, the underlying financial health concerns and negative operating profits suggest that the stock's rise may be tempered by these risks. Overall, the stock's recent gains reflect a combination of positive short-term trading dynamics and a historical performance that has outperformed broader market indices, despite the looming financial challenges.