Why is Valor Estate falling/rising?

As of 13-Nov, Valor Estate Ltd's stock price is currently at Rs 151.65, reflecting an increase of Rs 8.2 or 5.72%. The stock has shown a strong performance today, outperforming its sector by 5.37% and achieving a consecutive gain over the last two days with a total return of 6.38%. Despite a recent intraday high of Rs 157.1, the stock has experienced a decline of 2.10% over the past month and a year-to-date drop of 12.37%. The company has reported positive results for the last three consecutive quarters, with net sales growing significantly and a low debt-equity ratio, which could be contributing to the recent upward movement. However, the stock also faces challenges, including operating losses and a high debt-to-EBITDA ratio, which indicate weak long-term fundamentals.
In the broader market context, Valor Estate's short-term return of 5.13% over the past week significantly outpaces the Sensex's return of 1.40% during the same period. However, the stock has underperformed the benchmark over longer periods, including a 1.24% decline over the past year compared to the Sensex's 8.74% gain. The stock's liquidity appears sufficient for trading, but a decrease in investor participation, as indicated by a drop in delivery volume, may pose risks. Additionally, the presence of pledged promoter shares could exert downward pressure in a falling market, suggesting that while the stock is currently rising, underlying factors may still pose challenges to its stability.