Why is RDB Real Estate falling/rising?

As of 02-Jul, RDB Real Estate Construction Ltd's stock price is currently at Rs. 201.20, reflecting an increase of Rs. 3.9, or 1.98%. The stock has recently hit a new 52-week and all-time high today, and it has outperformed its sector by 3.61%. Over the past 21 days, the stock has shown a remarkable gain of 51.05%. However, despite this positive price movement, the company is facing significant challenges, including operating losses and a weak long-term fundamental strength, with a reported PAT of Rs -3.39 crore, indicating a drastic decline of 736.6% compared to the previous four-quarter average. The company's high debt levels and poor profitability metrics, such as a Return on Capital Employed (ROCE) of only 2.6%, suggest that the stock's valuation may be considered very expensive, which could be a concern for investors.
In the broader market context, RDB Real Estate's short-term performance has significantly outpaced the Sensex, with a 1-week return of 10.31% compared to the Sensex's 0.79%. This strong performance in the short term contrasts with the company's long-term challenges, as it has generated no returns over the past year while its profits have plummeted by 90%. The falling investor participation, indicated by a 97.2% decrease in delivery volume, raises concerns about the sustainability of the stock's recent gains. Overall, while the stock is currently rising, the underlying financial issues may pose risks that could affect its future performance.