Why is Sobha falling/rising?

As of 02-Jul, Sobha Ltd. is currently priced at 1,491.60, reflecting a decrease of 0.7, or 0.05%. The stock has shown a trend reversal, falling after two consecutive days of gains. In terms of performance, it has outperformed its sector by 1.58% today, although it has experienced a decline of 2.16% over the past week. The stock has seen a significant increase in delivery volume, rising by 76.12% against the 5-day average, indicating rising investor participation. Despite positive financial results, including an 88.38% growth in net profit and strong operating profit metrics, the stock has underperformed over the past year with a return of -25.13%, while the broader market has gained 5.00%. The company’s weak long-term fundamentals, including a high Debt to EBITDA ratio and low return on equity, contribute to the stock's recent struggles.
In the broader market context, Sobha Ltd.'s short-term performance has been negative, with a 1-week return of -2.16%, contrasting with the Sensex's gain of 0.79% during the same period. This underperformance highlights the stock's challenges in attracting investor confidence despite its recent operational successes. The stock's long-term trajectory remains concerning, as it has a -26.50% CAGR growth in operating profits over the last five years, which may deter potential investors. Overall, while there are positive indicators in terms of recent financial performance, the stock's persistent underperformance relative to the market and its fundamental weaknesses suggest a cautious outlook.