Why is Panache Digilife falling/rising?

As of 20-Jun, Panache Digilife Ltd's stock is currently priced at 194.08, reflecting an increase of 3.8 or 2.0%. Despite this rise, the stock has underperformed its sector by 1.16% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a strong performance with a return of +10.39%, although it has declined by 1.06% over the past month. The company has reported positive results for the last five consecutive quarters, with a higher profit after tax and record net sales, which may have contributed to the recent uptick in stock price. However, the long-term fundamentals appear weak, with a low return on capital employed and high debt levels, suggesting potential challenges ahead.
In the broader market context, while Panache Digilife's short-term performance has outpaced the Sensex by a significant margin over the past week, it has lagged behind in the month-to-date comparison. The Sensex has gained 1.74% in the same period, indicating that the overall market sentiment is more favorable compared to the stock's recent performance. The company's high debt-to-EBITDA ratio and expensive valuation relative to its peers may also weigh on investor sentiment, despite the recent positive quarterly results. This combination of strong short-term gains and underlying long-term concerns contributes to a complex outlook for the stock.