Why is Interglobe Aviat falling/rising?

As of 20-Aug, Interglobe Aviation Ltd's stock price is rising, currently at 6,150.85, reflecting an increase of 95.95 or 1.58%. The stock is trading close to its 52-week high, just 1.21% away from Rs 6,225.05, and is performing in line with its sector. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has gained 3.13%, and it has shown impressive returns of 35.10% year-to-date and 42.97% over the past year. However, there has been a notable decline in investor participation, with delivery volume falling by 33.1% compared to the 5-day average. The company exhibits high management efficiency with a return on capital employed (ROCE) of 17.04%, and despite a recent drop in profits, it has maintained consistent returns over the last three years.
In the broader market context, Interglobe Aviation's short-term performance has outpaced the benchmark Sensex, which has increased by 1.64% over the same week. While the stock has shown strong growth, it faces challenges such as a high debt-to-equity ratio of 37.95 times and a decrease in promoter confidence, with a 5.73% reduction in their stake. Additionally, the company reported flat results in June, with significant declines in profit before tax and profit after tax. These factors could create volatility in the stock's performance despite its current upward trend.