Why is Oberoi Realty falling/rising?

As of 15-Jul, Oberoi Realty Ltd. is experiencing a price increase, currently at Rs 1,818.00, reflecting a rise of 13.45 or 0.75%. The stock has shown a trend reversal by gaining after two consecutive days of decline, reaching an intraday high of Rs 1,853.85, which is a 2.73% increase. Despite a negative performance over the past week and month, with declines of 2.23% and 4.50% respectively, the stock has demonstrated strong long-term growth, with a remarkable 114.22% increase over the past three years. The company benefits from a low Debt to EBITDA ratio of 0.96 times, strong institutional holdings at 30.16%, and consistent returns over the last three years, which have contributed positively to investor sentiment.
In the broader market context, while Oberoi Realty has underperformed the benchmark Sensex in the short term, with a 1-week decline of 2.23% compared to the Sensex's 1.36% drop, it has outperformed the benchmark over the past year with a return of 5.72% against the Sensex's 2.36%. The stock's liquidity is also favorable, with a significant increase in delivery volume, indicating rising investor participation. However, the company has faced challenges, including a substantial fall in net sales and negative quarterly results, which may temper investor enthusiasm despite the recent price increase.