Why is Popular Estate falling/rising?

As of 03-Jul, Popular Estate Management Ltd's stock price is currently at Rs 23.39, reflecting an increase of Rs 1.06 or 4.75%. Today's performance indicates that the stock has outperformed its sector by 4.95%, although it has experienced erratic trading, having not traded on one day out of the last 20. The stock's performance over the past month shows a gain of 7.00%, and it has generated a significant return of 44.38% over the last year, which is much higher than the market's return of 2.20%. However, the stock is considered risky due to its negative EBITDA, and despite the impressive returns, profits have not increased over the past year.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has seen a decline of 0.62% over the past week. While Popular Estate has shown a strong year-to-date return of 19.83% compared to the Sensex's 6.53%, the falling investor participation, indicated by a 38.32% drop in delivery volume, raises concerns about liquidity and future performance. The stock's current trading levels are higher than its 50-day, 100-day, and 200-day moving averages, but lower than its 5-day and 20-day moving averages, suggesting mixed signals in terms of momentum.