Why is Metro Brands falling/rising?

As of 09-Jul, Metro Brands Ltd's stock price is rising, currently at Rs 1,220.50, reflecting an increase of Rs 51.4 or 4.4%. Today, the stock outperformed its sector by 3.81% and opened with a gain of 2.38%. It reached an intraday high of Rs 1,220.50, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there has been a notable decline in investor participation, with delivery volume falling by 63.8% compared to the 5-day average. Despite this, the company exhibits high management efficiency with a return on capital employed (ROCE) of 23.72% and a low debt-to-EBITDA ratio of 0.52 times, which supports its ability to service debt. Nonetheless, the stock faces challenges such as poor long-term growth, with operating profit growing at only 12.93% annually over the last five years and a recent decline in profit after tax.
In the broader market context, Metro Brands has shown a short-term return of 6.91% over the past week, significantly outperforming the Sensex, which only increased by 0.15%. However, over the past month, the stock has declined by 1.12%, while the Sensex has gained 1.32%. This indicates that while the stock is experiencing a positive short-term movement, its longer-term performance remains under pressure, as evidenced by its annual return of -4.38% compared to the Sensex's 3.96% increase. The stock's premium valuation relative to peers and the recent flat results further complicate its outlook, suggesting that while current price movements are positive, underlying fundamentals may pose risks for sustained growth.