Why is Cantabil Retail falling/rising?

As of 08-Jul, Cantabil Retail India Ltd is experiencing a price increase, currently at Rs 276.30, which reflects a rise of Rs 4.15 or 1.52%. The stock has shown positive performance today, with an intraday high of Rs 281.75, representing a 3.53% increase. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 6.69% compared to the 5-day average. Over the past week, the stock has outperformed the benchmark Sensex, gaining 2.03% compared to the Sensex's minimal increase of 0.02%.
In the broader market context, while Cantabil Retail has shown a solid short-term return, it has underperformed its sector by 0.31% today. The stock's year-to-date performance is down 3.66%, contrasting with the Sensex's gain of 7.13%. Positive factors contributing to the stock's rise include strong quarterly results, with a 41.17% growth in profit before tax and a 31.7% increase in profit after tax. Furthermore, institutional investors have increased their stake, indicating confidence in the company's fundamentals. However, concerns about its valuation persist, as indicated by a relatively high enterprise value to capital employed ratio and a PEG ratio of 1.4, suggesting that while the stock is currently rising, it may be considered expensive compared to its peers.