Why is Cantabil Retail falling/rising?

As of 09-Jul, Cantabil Retail India Ltd is currently priced at 277.00, reflecting an increase of 0.7, or 0.25%. The stock has been gaining momentum, having outperformed its sector by 0.26% today and achieving a consecutive gain over the last two days with a total return of 1.78%. Additionally, Cantabil Retail is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Positive financial results, including a 41.17% growth in profit before tax and a 31.7% increase in profit after tax, have likely contributed to this upward movement. Furthermore, institutional investors have increased their stake in the company, suggesting growing confidence in its fundamentals.
In the broader market context, Cantabil Retail's short-term performance over the past week shows a return of 4.15%, significantly outperforming the Sensex, which only increased by 0.15%. While the stock has experienced a decline of 3.42% year-to-date compared to the Sensex's gain of 6.91%, its one-year return of 5.30% still surpasses the benchmark's 3.96%. This indicates that despite some challenges, such as a relatively high valuation and a PEG ratio of 1.4, the stock's recent positive performance and increasing investor participation are contributing to its rising price.