Why is Cantabil Retail falling/rising?

As of 07-Jul, Cantabil Retail India Ltd is currently priced at Rs 272.15, reflecting a decrease of Rs 1.05 or 0.38%. The stock has experienced a trend reversal, falling after two consecutive days of gains. Despite this decline, it has outperformed its sector by 0.28% today. The stock's performance over the past week shows a gain of 2.91%, while it has increased by 5.98% over the past month. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Positive financial results, including a 41.17% growth in profit before tax and a 31.7% increase in profit after tax, along with rising institutional investor participation, have contributed to its recent performance. However, concerns regarding its expensive valuation, indicated by a return on capital employed of 16.2 and a PEG ratio of 1.3, may be influencing the current price drop.
In the broader market context, Cantabil Retail's short-term performance has been favorable compared to the benchmark Sensex, which has seen a slight decline of 0.20% over the past week. While the stock has generated a return of 5.94% over the past year, the Sensex has outperformed it with a return of 4.31%. The recent increase in institutional investor participation, who have raised their stake by 0.84%, suggests a positive outlook among more sophisticated investors, potentially providing support for the stock. However, the overall market sentiment and the stock's current valuation concerns may be contributing to the recent price decline.