Why is Cantabil Retail falling/rising?

As of 03-Jul, Cantabil Retail India Ltd is experiencing a price increase, currently at Rs 269.95, which reflects a rise of 4.0 or 1.5%. The stock opened with a gain of 3.76% today and reached an intraday high of Rs 275.95. It has outperformed its sector by 1.2% today, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there has been a notable decline in investor participation, with delivery volume falling by 44.82% against the 5-day average. Positive financial results, including a 41.17% growth in profit before tax and a 31.7% increase in profit after tax, alongside an increase in institutional investor participation, have contributed to the stock's upward movement.
In the broader market context, Cantabil Retail's short-term performance over the past week shows a return of +2.39%, significantly outperforming the Sensex, which has declined by 0.62% during the same period. Despite the positive short-term performance, the stock has underperformed on a year-to-date basis, with a return of -5.88% compared to the Sensex's +6.53%. This contrast indicates that while the stock is currently rising, it has faced challenges in the longer term, reflected in its year-to-date performance and relatively high valuation metrics, such as a ROCE of 16.2 and a PEG ratio of 1.3, which may suggest it is expensive compared to its peers.