Why is Reliance Infra. falling/rising?

As of 17-Sep, Reliance Infrastructure Ltd's stock price is currently at Rs 270.70, reflecting an increase of Rs 10.7 or 4.12%. The stock has shown strong performance recently, gaining 9.31% over the last two days and outperforming its sector by 4.53% today. In terms of returns, the stock has increased by 4.12% over the past month and 14.87% over the past year, significantly outpacing the benchmark Sensex, which has returned only -0.46% in the same period. Positive factors contributing to this rise include a notable increase in profits by 372.8% over the past year, a high return on capital employed (ROCE) of 44.10%, and rising promoter confidence, with a 2.55% increase in their stake, indicating strong belief in the company's future. Broader market context shows that while the stock has been performing well, the overall market, represented by the BSE500, has faced negative returns of -2.63% over the last year. This contrast highlights the stock's resilience and ability to generate positive returns despite broader market challenges. However, it is important to note that there are concerns regarding long-term fundamental strength, particularly due to a high debt-to-EBITDA ratio, which may affect the company's ability to service its debt in the future. Despite these concerns, the current positive momentum in stock performance suggests that investors are responding favorably to recent financial results and promoter actions.