Why is Marathon Nextgen falling/rising?

As of 16-Jul, Marathon Nextgen Realty Ltd's stock price is rising, currently at Rs. 749.80, reflecting an increase of 13.05 (1.77%). The stock has recently hit a new 52-week and all-time high of Rs. 763, showcasing strong performance with a day’s high of 3.56%. Over the past week, the stock has outperformed the sector by 1.32% and has shown impressive returns of 26.82% over the last month and 28.25% year-to-date. However, there has been a notable decline in investor participation, with delivery volume dropping by 25.37% against the 5-day average. Despite this, the stock maintains high institutional holdings at 26.56%, which have increased by 21.86% over the previous quarter, indicating confidence from larger investors.
In the broader market context, Marathon Nextgen's short-term return of 6.89% over the past week significantly outperforms the Sensex, which has declined by 1.08%. This contrast highlights the stock's resilience amid a challenging market environment. While the company has demonstrated consistent returns over the past three years, there are concerns regarding its long-term fundamental strength, including a high Debt to EBITDA ratio and weak net sales growth. Nevertheless, the stock's ability to trade above its moving averages and its favorable liquidity position suggest a strong market presence, contributing to its rising price despite underlying financial challenges.