Why is Excel Realty falling/rising?

As of 25-Jul, Excel Realty N Infra Ltd's stock price is currently at 1.14, reflecting an increase of 0.05 or 4.59%. The stock has shown a positive trend recently, gaining 8.57% over the last two days and outperforming its sector by 5.48% today. Despite a year-to-date decline of 10.24%, the stock has generated a significant return of 39.02% over the past year and has outperformed the BSE500 index over various time frames, including the last three years. However, the company faces challenges, including operating losses and a weak ability to service its debt, which has contributed to negative returns on capital employed. The stock's performance is further complicated by a recent drop in delivery volume, indicating reduced investor participation.
In the broader market context, while Excel Realty's short-term performance has been strong, with a 28.09% increase over the past month, the benchmark Sensex has declined by 1.56% during the same period. This indicates that Excel Realty has been able to capitalize on market conditions better than the overall market. However, the company's weak long-term fundamentals, including negative EBITDA and significant operating losses, pose risks that could affect its future performance. Despite the recent price increase, the underlying financial challenges may lead to volatility in the stock's performance moving forward.