Why is Panache Digilife falling/rising?

As of 26-Jun, Panache Digilife Ltd is experiencing a price increase, currently at 203.60, reflecting a change of 3.99 or 2.0% upward. 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 past month, it has increased by 10.05%. However, year-to-date, it shows a significant decline of 28.32%. 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 price increase despite concerns about long-term fundamental strength and high debt levels.
In the broader market context, Panache Digilife's short-term performance of 7.00% over the past week outpaces the Sensex's increase of 3.05% during the same period, suggesting a relatively strong performance compared to the benchmark. However, the stock's year-to-date decline of 28.32% contrasts sharply with the Sensex's gain of 8.05%, highlighting a significant divergence in performance. The company's weak long-term growth metrics, including a low return on capital employed and high debt-to-EBITDA ratio, may weigh on investor sentiment despite recent positive quarterly results.