Why is RDB Real Estate falling/rising?

As of 04-Jul, RDB Real Estate Construction Ltd's stock price is currently at Rs. 209.30, reflecting an increase of Rs. 4.1 or 2.0%. The stock has recently hit a new 52-week and all-time high, and it has been on a strong upward trend, gaining 51.06% over the last 21 days. Additionally, the stock outperformed its sector by 1.24% today and opened with a gain of 2%. However, despite these positive movements, the company faces 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 in profitability. The high debt levels and poor return on capital employed further contribute to concerns about the stock's sustainability.
In the broader market context, RDB Real Estate's short-term performance has significantly outpaced the Sensex, which has seen a decline of 0.74% over the past week while RDB has risen by 10.33%. This stark contrast highlights the stock's strong momentum relative to the market. However, the company's underlying financial issues, such as a debt-to-equity ratio that suggests high leverage and a negative growth trajectory in operating profit, raise questions about the long-term viability of this upward trend. While the stock is currently rising, the fundamental weaknesses could pose risks for future performance.