Why is Marathon Nextgen falling/rising?

As of 07-Jul, Marathon Nextgen Realty Ltd is experiencing a rise in its stock price, currently at Rs 691.80, reflecting an increase of 14.0 points or 2.07%. The stock has shown strong performance today, outperforming its sector by 2.17% and achieving a consecutive gain over the last two days with a total return of 5.62%. It reached an intraday high of Rs 698.1, while the stock has consistently outperformed the BSE500 over the last three years, generating a return of 203.35%. However, there are concerns regarding the company's long-term fundamental strength, as indicated by a high Debt to EBITDA ratio and a low Return on Capital Employed (ROCE) of 9.25%, which may affect investor sentiment despite recent gains.
In the broader market context, Marathon Nextgen's short-term return of 6.12% over the past week significantly outpaces the Sensex, which has seen a decline of 0.20%. This strong performance relative to the benchmark suggests that investor confidence in the stock remains robust, despite the underlying financial challenges highlighted by its high debt levels and pledged promoter shares. The stock's liquidity is also favorable, with a delivery volume increase of 17.23% against the five-day average, indicating rising investor participation. Overall, while the stock is currently rising, the mixed signals from its financial health and market conditions could influence future performance.