Why is Capri Global falling/rising?

As of 24-Oct, Capri Global Capital Ltd's stock price is currently at 204.05, reflecting an increase of 4.4, or 2.2%. The stock has been on an upward trend, gaining for the last four consecutive days and achieving a return of 6.28% over the past week. It has also outperformed its sector by 2.48% today, reaching an intraday high of Rs 208.2. Capri Global is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. The company has demonstrated robust long-term fundamentals, with a 33.72% compound annual growth rate (CAGR) in operating profits and a significant increase in net sales and profits, which have contributed positively to investor sentiment.
In the broader market context, Capri Global's short-term performance of +6.28% over the past week significantly outpaces the Sensex's modest gain of +0.31% during the same period. This strong performance can be attributed to rising investor participation, as evidenced by a 160.36% increase in delivery volume compared to the 5-day average, and high institutional holdings at 25.12%, suggesting confidence from knowledgeable investors. However, the stock's valuation is considered expensive, with a price-to-book ratio of 4.6, which could pose a risk if market conditions shift. Despite this, the overall positive financial results and growth metrics have driven the stock's recent rise.