Why is Omaxe falling/rising?

As of 18-Aug, Omaxe Ltd's stock price is currently at Rs 93.75, reflecting an increase of Rs 2.26 or 2.47%. Today's price summary indicates that the stock outperformed its sector by 0.5%, reaching an intraday high of Rs 94.04. However, the stock has shown a negative performance over the past month, with a decline of 11.22%, and a significant year-to-date drop of 15.46%. The company is facing challenges, including a negative book value and poor long-term growth, as evidenced by a staggering annual operating profit decline of 240.34% over the last five years. Additionally, the stock is considered risky due to a negative EBITDA and a high Debt to EBITDA ratio, which raises concerns about its ability to service debt. Institutional investor participation has also fallen, with a 0.75% decrease in their stakes, indicating a lack of confidence in the company's fundamentals. Broader market context shows that while Omaxe's stock has risen today, it has underperformed the benchmark, with a one-year return of -19.53% compared to the BSE500's -1.14%. In the short term, the stock's performance over the past week has been slightly better than the benchmark, gaining 0.27% versus the Sensex's 0.83%. Despite today's positive movement, the overall trend suggests that Omaxe is struggling to maintain investor confidence and is facing significant long-term challenges, which could overshadow short-term gains.