Why is Marathon Nextgen falling/rising?

As of 08-Jul, Marathon Nextgen Realty Ltd is experiencing a price increase, currently at Rs 716.10, which reflects a rise of Rs 24.3 or 3.51%. The stock has shown strong performance recently, gaining 9.33% over the last three days and outperforming its sector by 2.4%. It is also trading close to its 52-week high, just 2.83% away from Rs 736.4. The stock has demonstrated impressive returns over various periods, including a 27.99% increase over the past month and a remarkable 229.70% rise over the last three years. However, it faces challenges with weak long-term fundamentals, as indicated by a low Return on Capital Employed (ROCE) of 9.25% and a high Debt to EBITDA ratio of 6.55 times, which could impact its future performance.
In the broader market context, Marathon Nextgen's recent short-term return of 8.50% over the past week significantly outpaces the Sensex, which has only increased by 0.02% during the same period. This strong performance suggests that investor sentiment towards the stock is positive, likely driven by rising investor participation, as evidenced by a 528.32% increase in delivery volume compared to the five-day average. Despite the positive price movement, the stock's high percentage of pledged promoter shares (91.46%) and recent negative financial results, including a 25.9% decline in profit before tax, indicate potential risks that could affect its stability in the long run.