Why is Capri Global falling/rising?

As of 04-Aug, Capri Global Capital Ltd's stock is rising, with a current price of 190.10, reflecting an increase of 14.74 (8.41%). The stock has shown strong performance today, outperforming its sector by 6.79% and opening with a gain of 2.05%. It reached an intraday high of Rs 192.95, indicating robust trading activity. Over the past week, the stock has gained 6.65%, and over the past month, it has increased by 14.48%, contrasting sharply with the Sensex, which has declined by 2.89% during the same period. The company has demonstrated strong long-term fundamental strength, with a 30.44% CAGR growth in operating profits and a significant increase in net sales and profits, contributing to positive investor sentiment.
In the broader market context, Capri Global's short-term return of 6.65% over the past week significantly outpaces the Sensex's minimal gain of 0.16%. The stock's liquidity is also favorable, with a delivery volume that has risen substantially, indicating increased investor participation. However, despite the positive growth metrics, the stock is considered expensive with a high price-to-book value and a relatively low return on equity, which may raise concerns among some investors. Nonetheless, the high institutional holdings and consistent positive quarterly results have likely bolstered confidence in the stock, contributing to its upward price movement.