Why is Panache Digilife falling/rising?

As of 24-Jun, Panache Digilife Ltd's stock price is currently at 195.70, reflecting an increase of 1.62 or 0.83%. Despite this positive movement today, the stock has underperformed its sector by 1.16%. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a potential weakness in momentum. Over the past week, the stock has risen by 7.00%, and over the last month, it has increased by 11.07%. However, it has experienced a significant decline of 31.10% year-to-date, although it has shown impressive growth of 61.55% over the past year. The company has reported positive results for the last five consecutive quarters, with a higher profit after tax and record net sales, which may contribute to the recent uptick in stock price.
In the broader market context, while Panache Digilife's short-term performance has outpaced the Sensex, which has only increased by 0.77% in the same periods, the stock's long-term fundamentals raise concerns. The company has a weak long-term growth outlook, evidenced by a low return on capital employed and a high debt-to-EBITDA ratio. Despite the stock trading at a discount compared to its peers, the high PEG ratio suggests that it may be overvalued relative to its earnings growth. This combination of strong recent performance and underlying fundamental weaknesses may create a mixed sentiment among investors, contributing to the stock's volatility.