Why is RDB Real Estate falling/rising?

As of 30-Jun, RDB Real Estate Construction Ltd's stock price is currently at Rs. 193.45, reflecting an increase of Rs. 3.75 or 1.98%. The stock has reached a new 52-week and all-time high today, and it has been on a consecutive gain streak for the last 21 days, resulting in a remarkable 51.05% return over this period. Additionally, the stock has outperformed its sector by 2.22%. However, despite these positive movements, the company faces 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 also concerning, with a return on capital employed of only 3.92% and a substantial drop in profit after tax, which fell by 736.6% compared to the previous quarter's average.
In the broader market context, RDB Real Estate's short-term performance of +10.32% over the past week significantly outpaces the Sensex's gain of +2.09% during the same period. This strong performance suggests that investor sentiment may be favoring RDB Real Estate despite its underlying financial difficulties. While the stock's recent gains are impressive, the company's long-term growth prospects remain questionable due to its declining operating profits and high debt levels, which could impact future performance.