Why is GMR Urban falling/rising?

As of 20-Oct, GMR Power & Urban Infra Ltd's stock price is currently at Rs 117.60, reflecting an increase of Rs 5.55 or 4.95%. The stock has been on a positive trajectory, gaining for three consecutive days and achieving a total return of 6.91% during this period. It has outperformed its sector by 4.48% today and is trading above all its moving averages, indicating strong short-term momentum. However, despite this recent uptick, the stock has underperformed over the past month and year, with returns of -5.47% and -12.86%, respectively. The company has a high debt-to-equity ratio of 15.38, which raises concerns about its long-term fundamental strength, despite an attractive valuation and a significant profit increase of 52.5% over the past year.
Broader market context shows that while GMR Urban has outperformed the Sensex in the short term, with a weekly return of +5.28% compared to the Sensex's +2.47%, it has lagged behind in longer time frames, such as the year-to-date and one-year returns. The broader market has been more favorable, with the Sensex gaining 7.97% year-to-date and 3.86% over the past year. This contrast highlights the challenges faced by GMR Urban, particularly its high debt levels and poor long-term growth metrics, which may continue to weigh on investor sentiment despite recent positive price movements.