Why is Garment Mantra falling/rising?

As of 17-Jul, Garment Mantra Lifestyle Ltd's stock price is currently at 2.06, reflecting an increase of 0.06 or 3.0%. The stock has shown strong performance recently, outperforming its sector by 2.72% today and trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has risen by 3.52%, and in the last month, it has gained 14.44%. Despite a year-to-date increase of 17.27%, the stock has faced challenges, with a significant decline of 20.83% over the past year. The company's valuation appears attractive, with a return on capital employed (ROCE) of 9 and a PEG ratio of 0.2, indicating potential for growth despite a high debt-to-EBITDA ratio of 5.14 times and weak long-term fundamentals.
In the broader market context, Garment Mantra's recent performance contrasts sharply with the benchmark, the Sensex, which has declined by 1.12% over the past week. While the stock has shown resilience in the short term, its long-term performance has been lackluster, underperforming the market with a negative return of 20.83% over the past year compared to the BSE500's slight gain of 0.26%. This underperformance, coupled with weak financial indicators such as a significant drop in net sales and low inventory turnover, suggests that while the stock may be experiencing a short-term rise, underlying challenges could impact its future performance.