Why is GMR Airports falling/rising?

As of 04-Jul, GMR Airports Ltd is experiencing a rise in its stock price, currently at 89.91, with an increase of 1.46 or 1.65%. The stock has shown strong performance recently, gaining 11.63% over the last 11 consecutive days and outperforming its sector by 1.17% today. Additionally, GMR Airports has positive returns over various periods, including a 6.13% increase over the past week and a 14.40% rise year-to-date. However, the company faces challenges, such as a negative book value and a high debt-to-equity ratio, which indicate weak long-term fundamental strength and risky trading conditions.
In the broader market context, GMR Airports' short-term performance stands in contrast to the Sensex, which has declined by 0.74% over the past week. While the stock has outperformed the benchmark in the short term, it has underperformed over the past year with a return of -7.09%. This divergence highlights the stock's recent momentum despite underlying financial concerns, such as poor long-term growth rates and significant debt, which may affect investor sentiment moving forward.