Why is Kamanwala Housin falling/rising?

As of 10-Jul, Kamanwala Housing Construction Ltd's stock price is currently at 19.87, reflecting an increase of 0.38 or 1.95%. The stock has been gaining for the last two days, with a total return of 3.98% during this period. It has outperformed its sector by 1.48% today. Additionally, the stock's performance over the past year shows a significant gain of 25.76%, while it has also outperformed the BSE500 index over the last three years, one year, and three months. Positive factors contributing to this rise include impressive quarterly results with a PAT growth of 9689.4%, the highest return on capital employed at 42.89%, and strong cash reserves of Rs 44.50 crore. However, the company faces challenges with operating losses and a weak ability to service its debt, indicated by a negative EBIT to interest ratio of -4.86, which may temper investor enthusiasm.
In the broader market context, Kamanwala Housing's short-term return of +1.38% over the past week contrasts with the Sensex, which has seen a slight decline of -0.06%. This indicates that the stock is performing well relative to the overall market. Despite the positive short-term performance, the company has reported losses and negative EBITDA, suggesting that while the stock is currently rising, there are underlying risks that could affect its long-term stability. The liquidity of the stock remains adequate for trading, with a delivery volume increase of nearly 50% compared to the five-day average, further supporting its recent price movement.