Why is Citadel Realty falling/rising?

As of 18-Jul, Citadel Realty & Developers Ltd is experiencing a price increase, currently at Rs 87.25, reflecting a rise of Rs 5.95 or 7.32%. The stock has shown strong performance, gaining 38.47% over the last four days and outperforming its sector by 7.88% today. It is also close to its 52-week high, just 4.37% away from Rs 91.06. The stock has consistently outperformed the BSE500 index over the past three years, with a remarkable 135.81% return in the last year alone. Additionally, promoter confidence has increased, with a 1.74% rise in their stake, indicating strong belief in the company's future prospects. However, there are concerns regarding its long-term fundamental strength, 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 benchmark Sensex, which has declined by 0.90% over the past week. While the stock has surged by 36.12% in the same timeframe, the Sensex's modest gain of 0.38% over the past month further highlights the stock's strong relative performance. This divergence suggests that investor interest in Citadel Realty is robust, driven by both positive sentiment from rising promoter stakes and consistent returns, despite underlying concerns about its long-term financial health.