Why is Gayatri Projects falling/rising?

As of 12-Sep, Gayatri Projects Ltd is experiencing a rise in its stock price, currently at 10.10, with an increase of 0.48 or 4.99%. The stock has shown strong performance recently, gaining 14.51% over the last three days and outperforming its sector by 4.24% today. Over the past week, it has surged by 20.24%, and year-to-date, it has achieved a return of 28.66%, significantly higher than the Sensex's 4.82% during the same period. However, despite this positive short-term performance, the company faces challenges, including a high Debt to EBITDA ratio of 5.57 times and a history of negative results over the last six quarters, which raises concerns about its long-term fundamental strength.
Broader market context indicates that while Gayatri Projects has outperformed the broader market, which has seen negative returns of -3.45% over the past year, the stock's performance is juxtaposed against its weak fundamentals. The company's profitability is low, with a Return on Equity averaging only 4.12%, and it has reported a significant decline in net profit. Additionally, the high percentage of pledged promoter shares (72.4%) may exert downward pressure on the stock in adverse market conditions. Thus, while the stock is currently rising, the underlying financial issues could pose risks for future performance.