Why is Capri Global falling/rising?

As of 29-Jul, Capri Global Capital Ltd's stock price is currently at Rs 182.70, reflecting an increase of Rs 4.45 or 2.5%. The stock has shown a trend reversal, gaining after two consecutive days of decline. Despite a recent drop in investor participation, with delivery volume falling by 36.02% against the 5-day average, the stock has outperformed its sector by 2.04% today. Over the past month, Capri Global has experienced a positive return of 7.41%, contrasting with a decline of 12.88% over the past year, indicating a significant disparity between short-term and long-term performance. The company has demonstrated strong long-term fundamentals, with a remarkable 30.44% CAGR growth in operating profits and a net profit growth of 115.21%, which has positively influenced investor sentiment.
In the broader market context, while the Sensex has declined by 1.03% over the past week, Capri Global's slight drop of 0.22% indicates a relative resilience in the short term. However, the stock has underperformed the market over the last year, with a return of -12.88% compared to the benchmark's -2.26%. This underperformance, coupled with its expensive valuation reflected in a 4 Price to Book Value ratio, raises concerns among investors despite the strong institutional support, which has increased by 9.74% in the last quarter. Overall, while the stock is currently rising, its long-term performance remains a point of caution for potential investors.