Why is Shriram Properti falling/rising?

As of 11-Sep, Shriram Properties Ltd is experiencing a price increase, currently at 90.21, reflecting a change of 0.89 or 1.0% upward. The stock has shown a positive trend recently, gaining for the last two days with a total return of 1.71%. However, despite this short-term gain, the stock has underperformed in the longer term, with a year-to-date decline of 15.65% and a one-year drop of 31.32%. Positive factors contributing to the recent price movement include significant growth in net sales and profit before tax, alongside an attractive valuation compared to peers. Conversely, the stock faces challenges such as weak long-term fundamental strength and low profitability, which may deter investor confidence.
In the broader market context, Shriram Properties has underperformed relative to the Sensex, which has risen by 1.03% over the past week and 1.17% over the past month, while the stock itself has only gained 0.22% and 0.64%, respectively. The declining investor participation, indicated by a significant drop in delivery volume, suggests that while the stock is currently rising, there may be underlying concerns that could affect its sustainability. The low stake held by domestic mutual funds further indicates a lack of confidence in the stock's long-term prospects, despite its recent positive performance.