Why is RDB Real Estate falling/rising?

As of 04-Aug, RDB Real Estate Construction Ltd's stock price is currently at Rs. 316.65, reflecting an increase of Rs. 6.2 or 2.0%. The stock has been on a positive trajectory, gaining for the last 21 days and achieving a remarkable 51.29% return over the past month. Today, it reached a new 52-week and all-time high of Rs. 316.65, although it opened with a loss of 2%. Despite the recent gains, the company faces significant challenges, including operating losses and a high debt-to-EBITDA ratio of 17.19 times, which raises concerns about its long-term financial health. The company's profitability is also low, with a return on capital employed averaging only 3.92%, and its recent quarterly profit after tax has fallen drastically by 736.6%.
In the broader market context, RDB Real Estate's 1-week return of 10.37% significantly outperformed the Sensex, which only increased by 0.16% during the same period. However, the stock's performance over the past month contrasts sharply with the Sensex's decline of 2.89%. The falling investor participation, indicated by a 68.84% drop in delivery volume, suggests that while the stock is currently rising, there may be underlying concerns that could affect its sustainability. Additionally, the lack of investment from domestic mutual funds may indicate a lack of confidence in the company's valuation and business prospects, despite the recent price increase.