Why is Citadel Realty falling/rising?

As of 26-Jun, Citadel Realty & Developers Ltd is experiencing a price increase, currently at Rs 59.44, reflecting a rise of 6.18 or 11.6%. Despite opening the day with a loss of 5.9%, the stock reached an intraday high of Rs 61, indicating strong volatility with a wide trading range of Rs 10.88. Over the past week, the stock has gained 11.00%, and it has shown impressive returns of 28.91% over the past month, significantly outperforming the Sensex, which only increased by 2.94% in the same period. Positive factors contributing to this rise include a 1.74% increase in promoter stake, signaling confidence in the company's future, and consistent returns over the last three years, where the stock has outperformed the BSE 500 annually. However, the stock also faces challenges, such as weak long-term fundamentals indicated by a low Return on Capital Employed (ROCE) of 9.27% and a high Debt to EBITDA ratio of 6.40 times.
In the broader market context, Citadel Realty's recent performance has significantly outpaced the Sensex, particularly in the short term, where it has achieved a return of 11.00% over the past week compared to the Sensex's 2.94%. This strong performance is notable given that the stock has been trading above its moving averages, suggesting bullish sentiment among traders. However, the decline in delivery volume by 49.31% against the 5-day average raises concerns about investor participation, which could impact future price movements. Overall, while the stock is currently rising, its long-term fundamental weaknesses may pose risks moving forward.