Why is Citadel Realty falling/rising?

As of 16-Jul, Citadel Realty & Developers Ltd is experiencing a price increase, currently at Rs 75.75, reflecting a rise of 6.25 or 8.99%. The stock has shown strong performance recently, with a notable outperformance against its sector by 8.54% today. Despite opening with a loss of 4.89%, it has gained 20.22% over the last two days and has consistently outperformed the BSE500 over the past three years, generating a remarkable 104.73% return in the last year alone. Additionally, promoter confidence has increased, with a 1.74% rise in their stake, indicating a positive outlook for the company's future. However, concerns about long-term fundamental strength persist, as evidenced 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 short-term performance stands in stark contrast to the Sensex, which has seen a decline of 1.08% over the past week. The stock's impressive 22.18% gain in the same timeframe highlights its strong relative performance. While the company has shown significant returns over the last year and three years, the overall market sentiment appears mixed, with the Sensex only gaining 1.02% over the past month. This divergence suggests that investor interest in Citadel Realty may be driven by specific company developments rather than broader market trends.