Why is Marathon Nextgen falling/rising?

As of 20-Jun, Marathon Nextgen Realty Ltd's stock price is currently at Rs 590.50, reflecting an increase of Rs 30.5 or 5.45%. The stock has shown a trend reversal, gaining after four consecutive days of decline, and has outperformed its sector by 3.88%. It reached an intraday high of Rs 608, indicating strong intraday performance. Over the past month, the stock has increased by 16.93%, although it has seen a slight decline of 0.17% over the past week. Despite this positive movement, the company faces challenges with weak long-term fundamentals, including a high Debt to EBITDA ratio and a low Return on Capital Employed (ROCE) of 9.25%. Additionally, 91.46% of promoter shares are pledged, which can exert downward pressure on the stock in volatile markets.
Broader market context shows that while Marathon Nextgen has performed well in the short term, its year-to-date return of 1.00% lags behind the Sensex's 5.46%. The stock's performance over the past year has been negative at -0.76%, contrasting with the Sensex's positive return of 6.36%. This suggests that despite the recent uptick in price, the stock's overall performance remains under scrutiny, particularly due to its weak fundamentals and high levels of pledged shares, which could deter long-term investors.