Why is Monte Carlo Fas. falling/rising?

As of 19-Sep, Monte Carlo Fashions Ltd is experiencing a price increase, currently at Rs 671.00, reflecting a rise of Rs 16.0 or 2.44%. The stock has shown strong performance today, outperforming its sector by 3.07% and reaching an intraday high of Rs 672, which is a 2.6% increase. Over the past week, the stock has gained 7.36%, and in the last month, it has risen by 12.81%. Despite a year-to-date decline of 16.63%, the company has demonstrated a strong ability to service debt with a low Debt to EBITDA ratio of 1.43 times and a very attractive valuation indicated by a ROCE of 10.8. The stock is trading at a discount compared to its peers, and while it has generated a negative return of -17.97% over the past year, its profits have increased by 31.4%, resulting in a PEG ratio of 0.6.
In the broader market context, Monte Carlo Fashions Ltd has significantly outperformed the Sensex, which has only increased by 0.88% over the past week and 1.20% over the past month. However, the stock has consistently underperformed against the benchmark over the last three years, with a return of -17.97% in the past year compared to the Sensex's slight decline of -0.67%. The lack of investment from domestic mutual funds, holding only 0% of the company, may indicate a lack of confidence in the stock's long-term growth potential, especially given the negative operating profit growth of -7.83% over the last five years. Despite these challenges, the recent positive price movement suggests a short-term recovery driven by improved investor participation and favorable valuation metrics.