Why is GMR Airports falling/rising?

As of 16-Jul, GMR Airports Ltd's stock price is currently at Rs 93.84, reflecting an increase of Rs 1.87 or 2.03%. The stock has shown a positive performance today, outperforming its sector by 1.89%, and has been on a gaining streak for the last three days, accumulating a total return of 3.71% during this period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. However, despite these positive movements, the company faces challenges such as a negative book value and high debt levels, which contribute to its classification as a risky investment. The long-term growth has been weak, with net sales and operating profit growing at only 4.52% and 3.38% respectively over the last five years, and the stock has generated a return of -3.26% over the past year, while profits have declined by 30.9%.
In the broader market context, GMR Airports Ltd has outperformed the benchmark Sensex in the short term, with a 1-week return of +1.12% compared to the Sensex's -1.08%. This indicates that while the stock is experiencing a positive trend, the overall market sentiment may not be as favorable. The stock's strong performance in the face of a declining benchmark suggests that investor participation is increasing, as evidenced by a 19.73% rise in delivery volume compared to the 5-day average. However, the company's high debt-to-equity ratio and negative book value remain significant concerns that could affect its long-term viability and investor confidence.