Why is Excel Realty falling/rising?

As of 30-Jul, Excel Realty N Infra Ltd is currently priced at 1.18, reflecting a decrease of 0.06, or 4.84%. The stock has recently underperformed its sector by 4.05% and is experiencing a trend reversal after four consecutive days of gains. Despite this decline, the stock has shown strong performance over various time frames, with a 12.38% increase over the past week and a remarkable 51.28% rise over the last year. However, the company is facing challenges, including operating losses and a weak ability to service its debt, which has contributed to its negative EBITDA and poor long-term fundamental strength.
In the broader market context, while Excel Realty has outperformed the Sensex in the short term, with a 31.11% increase over the past month compared to the benchmark's decline of 2.54%, the stock's recent drop indicates a potential correction after a period of strong performance. The company's majority non-institutional shareholders and rising investor participation, evidenced by a 29.38% increase in delivery volume, suggest some level of confidence in the stock. Nonetheless, the significant drop in profits by 87.5% over the past year raises concerns about sustainability, which may be influencing investor sentiment and contributing to the current price decline.