Why is Excel Realty falling/rising?

As of 17-Jul, Excel Realty N Infra Ltd is experiencing a price increase, currently at 1.16, with a change of 0.05, representing a 4.5% rise. The stock has shown strong performance recently, gaining 30.34% over the last eight days and outperforming its sector by 3.54% today. In terms of returns, the stock has increased by 24.73% over the past week and 34.88% over the past month, while it has also outperformed the BSE500 over the last three years, one year, and three months. However, the company faces significant challenges, including operating losses and a weak long-term fundamental strength, as indicated by a negative EBIT to interest ratio and reported losses, which may impact investor sentiment despite the recent price rise.
In the broader market context, while Excel Realty's short-term performance has been impressive, the benchmark Sensex has declined by 1.12% over the past week, highlighting the stock's relative strength in a weak market. Despite this, the company's liquidity remains adequate for trading, although there has been a notable decrease in delivery volume, which fell by 52.02% against the five-day average. This decline in investor participation could signal caution among investors, especially given the company's negative EBITDA and poor profitability metrics, which may pose risks to sustained price increases in the future.