Why is Excel Realty falling/rising?

As of 25-Jun, Excel Realty N Infra Ltd's stock price is currently at 0.89, reflecting an increase of 0.03 or 3.49%. The stock has shown a positive trend recently, gaining 8.54% over the last two days and outperforming its sector by 2.28%. However, despite this short-term gain, the stock has experienced a decline of 5.32% over the past week and a significant year-to-date drop of 29.92%. The company is facing challenges, including operating losses and a weak ability to service its debt, indicated by a poor EBIT to Interest ratio of -3.62. Additionally, the company has reported negative returns on capital employed (ROCE) and has seen a substantial decrease in profit margins, with a reported loss of Rs -1.91 crore in the latest quarter.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has gained 1.61% over the past week and 5.91% year-to-date. While Excel Realty has outperformed the sector in the short term, its long-term fundamentals remain weak, which may deter investors. The delivery volume has also fallen significantly, indicating declining investor participation, which could further pressure the stock. Overall, while there are short-term gains, the underlying financial issues and negative trends in profitability suggest that the stock's upward movement may not be sustainable in the long run.