Why is RDB Real Estate falling/rising?

As of 14-Jul, RDB Real Estate Construction Ltd's stock price is currently at Rs. 235.55, reflecting an increase of Rs. 4.6 or 1.99%. The stock has recently hit a new 52-week and all-time high, and it has been on a positive trajectory, gaining for the last 21 days with a remarkable return of 51.14% over that period. Additionally, the stock has outperformed its sector by 0.96% today, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, despite these positive indicators, the company faces significant challenges, including operating losses and a weak long-term fundamental strength characterized by a -34.78% annual growth rate in operating profit over the last five years. The company's high debt levels and low profitability, as indicated by a return on capital employed of only 3.92%, contribute to a very expensive valuation, which may deter long-term investors.
In the broader market context, RDB Real Estate's stock has significantly outperformed the Sensex over the past week, with a return of +10.35% compared to the benchmark's -1.42%. This stark contrast highlights the stock's strong short-term performance amidst a generally declining market. However, the company's financial struggles, including a substantial drop in profit after tax and the lowest recorded figures for profit before depreciation, interest, and tax, raise concerns about its sustainability. While the stock's recent price movement may attract short-term traders, the underlying financial issues could pose risks for long-term investors.