Why is Bella Casa Fashi falling/rising?

As of 19-Aug, Bella Casa Fashion & Retail Ltd is experiencing a rise in its stock price, currently at Rs 412.95, reflecting an increase of Rs 11.25 or 2.8%. The stock has outperformed its sector by 1.51% today and opened with a gain of 2.15%. It reached an intraday high of Rs 414.65, indicating positive momentum. Over the past week, the stock has shown a return of +8.71%, contrasting with a slight decline of -2.02% over the past month. The company has reported positive results for the last six consecutive quarters, with net sales growing by 21.71% and a significant increase in profit after tax, contributing to its attractive valuation despite a high Debt to EBITDA ratio of 2.87 times, which raises concerns about its ability to service debt.
In the broader market context, the Sensex has increased by 1.76% over the past week, indicating a favorable market environment. While Bella Casa's short-term performance is strong, its year-to-date return is down by -19.64%, compared to the Sensex's gain of +4.49%. This suggests that despite recent positive movements, the stock has struggled significantly over a longer period. The stock's current trading at a discount compared to its peers' average historical valuations may also attract investors, but the declining investor participation, as evidenced by a 70.3% drop in delivery volume, could pose challenges ahead.