Why is RDB Real Estate falling/rising?

As of 17-Jul, RDB Real Estate Construction Ltd's stock price is rising, currently at Rs 249.95, reflecting an increase of 4.9 (2.0%). The stock has reached a new 52-week and all-time high today, outperforming its sector by 1.04%. It has been on a strong upward trend, gaining for the last 21 days with a total return of 51.21% during this period. Additionally, the stock opened with a gain of 2% today and has consistently traded at this price level. However, despite these positive movements, the company faces significant challenges, including operating losses and a weak long-term fundamental strength, with a poor annual growth rate of operating profit and a high debt-to-equity ratio. The recent quarterly performance shows a substantial decline in profit after tax, indicating ongoing financial struggles.
Broader market context shows that RDB Real Estate's stock has significantly outperformed the benchmark Sensex over the past week, with a return of +10.38% compared to the Sensex's -1.12%. In the last month, the stock has surged by +54.19%, while the Sensex has only increased by +0.83%. This stark contrast highlights the stock's strong performance relative to the broader market, despite the company's underlying financial issues. The rising investor participation, as indicated by a 56.63% increase in delivery volume, suggests growing interest in the stock, which may be driven by speculative trading rather than fundamental strength.