Why is Garment Mantra falling/rising?

As of 10-Jul, Garment Mantra Lifestyle Ltd is experiencing a price increase, currently at 1.99, reflecting a change of 0.02 or 1.02% upward. The stock has shown strong performance recently, with a 9.94% increase over the past week and an 11.17% rise over the past month, significantly outperforming the Sensex, which has seen a slight decline of 0.06% in the same week. Today's trading activity indicates that Garment Mantra is performing well, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 32.28% compared to the 5-day average. Despite a negative return of -22.53% over the past year, the company has seen a 20.2% increase in profits, and its attractive valuation, indicated by a low PEG ratio of 0.2, suggests potential for growth.
In the broader market context, while Garment Mantra has outperformed the Sensex in the short term, it has underperformed over the last year compared to the BSE500, which generated a return of 1.46%. This underperformance is concerning, especially given the company's weak long-term fundamentals, including a -6.23% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 5.14 times. The recent negative financial results, including a significant drop in net sales and low inventory turnover, further complicate the outlook. Despite these challenges, the stock's current upward movement may be attributed to its recent attractive valuation and improved profit figures, which could be enticing to investors looking for potential recovery.