Why is Omaxe falling/rising?

As of 11-Aug, Omaxe Ltd's stock price is currently at Rs 93.50, reflecting an increase of Rs 1.89 or 2.06%. Today's price summary indicates that the stock outperformed its sector by 0.42%, reaching an intraday high of Rs 94.18. However, the stock has shown a negative trend over the past week and month, with returns of -2.94% and -8.20%, respectively. The company is facing significant challenges, including a negative book value and weak long-term fundamental strength, as evidenced by a stagnant operating profit growth rate of 0% over the last five years. Additionally, the stock's performance has been hindered by a high debt-to-EBITDA ratio and a substantial decline in net sales and profit after tax over the latest six months.
Broader market context reveals that while Omaxe has seen a short-term uptick, it has underperformed the broader market significantly over the past year, with a return of -20.49% compared to the BSE500's -1.85%. The stock's liquidity remains adequate for trading, but there is a concerning trend of falling participation from institutional investors, who have reduced their stake in the company. This decline in institutional interest, coupled with the company's poor financial performance and high risk profile, suggests that the stock's recent rise may not be sustainable in the face of ongoing fundamental weaknesses.