Why is Restaurant Brand falling/rising?

As of 30-Jun, Restaurant Brands Asia Ltd is experiencing a price increase, currently at Rs 82.57, reflecting a rise of 1.38 (1.7%). The stock has shown a positive performance today, outperforming its sector by 1.69% and reversing a trend after two consecutive days of decline. It reached an intraday high of Rs 82.82, indicating a potential recovery. However, despite this short-term gain, the stock has underperformed over the longer term, with a year-to-date return of -2.70% and a one-year return of -16.97%. The company's high institutional holdings at 60.81% suggest confidence from larger investors, as their stake has increased by 6.62% over the previous quarter. Nonetheless, the stock's long-term fundamentals are weak, with a Return on Capital Employed (ROCE) of 0% and a high Debt to EBITDA ratio of 5.02 times, which raises concerns about its ability to service debt and sustain growth.
In the broader market context, the stock's short-term return of +2.30% over the past week slightly outpaces the benchmark Sensex, which has gained +2.09% in the same period. However, the stock's longer-term performance remains concerning, as it has consistently underperformed against the benchmark over the last three years, with a significant decline of -26.08% compared to the Sensex's +57.69%. This consistent underperformance, coupled with negative operating profits and a flat financial outlook, indicates that while there may be short-term gains, the overall sentiment towards the stock remains cautious.