Why is Bella Casa Fashi falling/rising?

As of 13-Aug, Bella Casa Fashion & Retail Ltd is experiencing a rise in its stock price, currently at Rs 402.05, reflecting an increase of 22.2 points or 5.84%. The stock has shown positive performance today, outperforming its sector by 5.5% and achieving a consecutive gain over the last two days with a total return of 9.48%. Despite this recent uptick, the stock has been underperforming in the longer term, with a year-to-date decline of 21.76% and a one-month drop of 8.42%. The company has reported positive results for the last six consecutive quarters, with net sales growing by 21.71% and a record profit after tax of Rs 4.70 crore. However, concerns remain due to a high Debt to EBITDA ratio of 2.87 times, indicating a low ability to service debt, which may weigh on investor sentiment.
In the broader market context, the Sensex has remained relatively flat, with a negligible change of -0.01% over the past week, contrasting with Bella Casa's recent gains. While the stock has shown strong performance over the last three and five years, with returns of 163.99% and 495.19% respectively, its short-term performance has lagged behind the benchmark, which has only declined by 2.38% over the past month. This divergence highlights the stock's volatility and the impact of its financial health on investor confidence, especially given the falling investor participation and lower trading volumes observed recently.