Why is Oriental Rail falling/rising?

As of 03-Jul, Oriental Rail Infrastructure Ltd's stock price is currently at Rs 187.00, reflecting an increase of Rs 2.05 or 1.11%. The stock has been on a positive trajectory, gaining for the last nine consecutive days and achieving a total return of 22.46% during this period. It outperformed its sector by 2.36% today, reaching an intraday high of Rs 189.15. Despite a significant decline of -33.83% over the past year, the stock has shown strong short-term performance, with a 15.22% increase over the last week and a 16.19% increase over the past month. However, the company faces challenges, including a high Debt to EBITDA ratio of 5.02 times and a decline in profits by -2.7% over the past year, which may contribute to investor caution.
In the broader market context, while the Sensex has generated a return of +3.10% over the past month, Oriental Rail's stock has significantly outperformed this benchmark, indicating strong short-term investor interest despite its long-term underperformance. The stock's liquidity appears adequate, with a notable increase in delivery volume, suggesting rising investor participation. However, the lack of domestic mutual fund investment, which stands at 0%, may reflect a lack of confidence in the company's long-term growth prospects, especially given its flat results and declining net sales. Overall, while the stock is experiencing a rise in the short term, underlying financial challenges and market sentiment may temper its future performance.