Why is Marathon Nextgen falling/rising?

As of 23-Jun, Marathon Nextgen Realty Ltd's stock price is rising, currently at 628.50, reflecting an increase of 38.0 points or 6.44%. The stock has shown strong performance today, outperforming its sector by 6.07% and achieving a consecutive gain over the last two days with a total return of 12.23%. Additionally, it has outperformed the Sensex over various periods, including a 26.88% increase over the past month. However, despite these positive movements, the stock faces challenges such as a weak long-term fundamental strength indicated by a low Return on Capital Employed (ROCE) of 9.25% and a high Debt to EBITDA ratio of 6.55 times. The company has also reported negative sales growth and a significant proportion of promoter shares pledged, which could exert downward pressure on the stock in adverse market conditions.
In the broader market context, Marathon Nextgen's short-term return of 6.30% over the past week significantly outpaces the Sensex's modest gain of 0.12%. This indicates that the stock is currently attracting investor interest, likely due to its recent price momentum and rising trading volumes, which have increased by 359.02% against the 5-day average. While the stock's performance has been strong relative to the benchmark, the underlying financial challenges and high levels of pledged shares suggest that investors should remain cautious about the sustainability of this upward trend.