Why is Sunteck Realty falling/rising?

As of 02-Sep, Sunteck Realty Ltd. is currently priced at 385.40, reflecting an increase of 3.3 (0.86%). The stock has been gaining for the last two days, with a total return of 1.47% during this period. It opened with a gain of 3.35% today and reached an intraday high of Rs 394.9. However, the stock is trading below its moving averages across various time frames, indicating a potential weakness. Additionally, the stock has shown poor long-term growth, with a significant decline in net sales and profitability, as evidenced by a high Debt to EBITDA ratio of 4.66 times and a low Return on Equity of 1.96%. Despite high institutional holdings, which typically indicate confidence from knowledgeable investors, the company's financial struggles and negative performance metrics contribute to a lack of investor enthusiasm.
In the broader market context, the stock's short-term performance has been slightly better than the benchmark, as it has declined by 1.05% over the past week compared to the Sensex's decline of 0.78%. However, the stock has underperformed significantly over longer periods, with a year-to-date decline of 23.71% against the Sensex's increase of 2.58%. This underperformance, coupled with the company's financial challenges and declining investor participation, suggests that while there may be short-term gains, the overall outlook remains concerning for Sunteck Realty Ltd.