Why is Godrej Propert. falling/rising?

As of 04-Aug, Godrej Properties Ltd is experiencing a price increase, currently at Rs 2,107.05, reflecting a rise of 56.45 points or 2.75%. The stock has shown a trend reversal, gaining after three consecutive days of decline. It outperformed its sector by 1.28% today and reached an intraday high of Rs 2,107.05. However, despite this short-term gain, the stock has underperformed in the longer term, with a year-to-date decline of 24.38% and a one-year return of -29.79%. The company is facing significant challenges, including operating losses and a weak ability to service its debt, which is reflected in its negative EBITDA and poor profitability metrics. High institutional holdings at 39.61% suggest that informed investors are closely monitoring the company's fundamentals, which may influence trading behavior.
In the broader market context, the Sensex has shown a slight positive return of 0.16% over the past week, while Godrej Properties has declined by 0.41% in the same period. This indicates that the stock's recent rise is somewhat isolated, as it has struggled against the benchmark's performance. Over the past month, Godrej Properties has also underperformed the market, with a decline of 8.54% compared to the Sensex's drop of 2.89%. The stock's liquidity appears adequate for trading, but the overall negative sentiment surrounding its long-term fundamentals may continue to weigh on its performance despite today's gains.