Why is Godrej Propert. falling/rising?

As of 14-Jul, Godrej Properties Ltd is experiencing a price increase, currently at Rs 2,259.25, reflecting a rise of Rs 55.15 or 2.5%. The stock has shown a strong performance today, outperforming its sector by 1.47% and reaching an intraday high of Rs 2,268.45, which is a 2.92% increase. Despite this positive movement, the stock has underperformed over the past week, down 0.90%, and has seen a significant decline of 18.92% year-to-date. The company has reported very positive results, including a 134.47% growth in net profit and consistent positive results over the last five quarters, which may contribute to the recent uptick in stock price. However, concerns remain regarding its long-term fundamentals, particularly a -161.80% CAGR growth in operating profits over the last five years and a weak EBIT to interest ratio of -0.25.
In the broader market context, while Godrej Properties has shown a slight recovery today, it has underperformed the benchmark index, the Sensex, which has gained 5.27% year-to-date. The stock's performance over the past year has been particularly poor, with a return of -30.92% compared to the Sensex's modest gain of 2.15%. This underperformance highlights the challenges the company faces despite recent positive financial results and high institutional holdings, which typically indicate a level of confidence from more sophisticated investors. The rising investor participation, indicated by a significant increase in delivery volume, suggests some renewed interest, but the overall long-term outlook remains cautious due to the underlying financial weaknesses.