Why is RDB Real Estate falling/rising?

As of 26-Jun, RDB Real Estate Construction Ltd's stock price is currently at Rs.186.00, reflecting an increase of Rs.3.6 or 1.97%. The stock has reached a new 52-week and all-time high today, and it has been on a strong upward trend, gaining 51.1% over the last 21 days. Additionally, it has outperformed its sector by 2.73%. However, despite these positive movements, the company is facing significant challenges, including operating losses and a high debt-to-equity ratio of 3.83 times, which indicates weak long-term fundamental strength. The company's profitability is low, as evidenced by a return on capital employed of just 3.92%, and its profits have fallen dramatically by 90% over the past year.
In the broader market context, RDB Real Estate's short-term return of 10.32% over the past week significantly outpaces the Sensex's return of 2.94% during the same period. This suggests that while the stock is experiencing a strong rally, it is doing so in a market that is also showing positive movement, albeit at a slower pace. The rising investor participation, with a delivery volume increase of 327.67% against the 5-day average, further supports the stock's upward trajectory. However, the company's ongoing operational challenges and poor long-term growth prospects may temper investor enthusiasm in the future.