Why is Keystone Realtor falling/rising?

As of 29-Jul, Keystone Realtors Ltd is experiencing a price increase, currently at Rs 633.05, reflecting a rise of Rs 19.9 or 3.25%. Today's performance indicates that the stock has outperformed its sector by 1.95% and has gained after two consecutive days of decline. The stock reached an intraday high of Rs 633.05, although it has seen a significant drop in delivery volume, which fell by 57.31% against the 5-day average. Despite a year-to-date decline of 6.86% and a one-year return of -9.44%, the company has shown healthy long-term growth with net sales increasing at an annual rate of 70.97% and operating profit at 42.72%. However, the high Debt to EBITDA ratio of 4.31 times and a low return on equity of 5.79% indicate challenges in servicing debt and profitability, which may temper investor enthusiasm.
In the broader market context, Keystone Realtors has outperformed the Sensex in the short term, with a 1-week return of +1.09% compared to the benchmark's -1.03%. This short-term outperformance may contribute to the stock's recent price rise, despite its longer-term underperformance against the benchmark over the past three years. The stock's current valuation is considered expensive with a Price to Book Value of 2.8, and while it trades at a discount compared to peers' historical valuations, the consistent underperformance and high debt levels could pose risks moving forward.