Why is Excel Realty falling/rising?

As of 29-Sep, Excel Realty N Infra Ltd is currently priced at 1.66, reflecting an increase of 0.03 or 1.84%. The stock has shown strong performance recently, gaining 5.73% over the last three days and outperforming its sector by 1.13% today. Over the past week, it has risen by 3.75%, and its year-to-date return stands at an impressive 30.71%. However, despite these positive trends, the company faces challenges such as operating losses and a weak ability to service its debt, indicated by a poor EBIT to Interest ratio of -3.15. Additionally, while the stock has generated a remarkable return of 115.58% over the past year, its profits have significantly declined by 87.5%, raising concerns about its long-term fundamental strength.
Broader market context shows that Excel Realty has outperformed the Sensex, which has declined by 2.18% over the past week, while the stock has gained. This trend of outperformance is consistent over longer periods, with the stock achieving a return of 115.58% in the last year compared to the Sensex's -6.08%. Despite the positive short-term performance, the falling investor participation, as evidenced by a 41.64% drop in delivery volume, suggests some caution among investors. Overall, while Excel Realty is experiencing a rise in its stock price, underlying financial challenges and market dynamics may influence future performance.