Why is Restaurant Brand falling/rising?

As of 15-Jul, Restaurant Brands Asia Ltd's stock price is currently at Rs 83.77, reflecting an increase of Rs 1.62 or 1.97%. The stock has shown positive momentum, gaining 2.15% over the last two days and outperforming its sector by 0.99% today. It reached an intraday high of Rs 84.77, indicating strong short-term performance. However, despite this recent uptick, the stock has experienced significant underperformance over the past year, with a return of -25.37%. The company has high institutional holdings at 60.81%, which have increased by 6.62% over the previous quarter, suggesting confidence from institutional investors despite the company's weak long-term fundamentals, including a 0% average Return on Capital Employed (ROCE) and a high Debt to EBITDA ratio of 5.02 times.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has gained 1.59% over the past week while the Sensex has declined by 1.36%. Although the stock has outperformed the sector recently, it has consistently underperformed against the benchmark over the last three years, which may raise concerns among investors. The liquidity of the stock remains adequate, but a notable decline in delivery volume by 41.8% against the 5-day average could indicate waning investor interest. Overall, while there are some positive short-term movements, the long-term outlook remains challenging due to fundamental weaknesses and historical underperformance.