Why is Cantabil Retail falling/rising?

As of 17-Jul, Cantabil Retail India Ltd is currently priced at 287.90, reflecting a rise of 0.6 (0.21%). The stock has been gaining momentum, with a consecutive gain over the last three days resulting in a total increase of 4.98%. 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 11.79% compared to 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, further support the stock's upward movement. However, concerns regarding its valuation persist, as indicated by a relatively high enterprise value to capital employed ratio and a low return on capital employed.
Broader market context shows that while Cantabil Retail has performed well in the short term, with a 3.69% increase over the past week compared to a decline of 1.12% in the Sensex, its year-to-date performance remains modest at 0.38%, lagging behind the Sensex's 5.27% gain. The stock's long-term performance has been mixed, with a decline of 2.41% over the past year, despite a significant increase in profits. The lack of investment from domestic mutual funds may indicate a cautious sentiment towards the stock, suggesting that while recent gains are encouraging, broader investor confidence may still be a concern.