Why is Panache Digilife falling/rising?

As of 30-Jun, Panache Digilife Ltd's stock price is currently at 211.82, reflecting an increase of 4.15, or 2.0%. The stock has outperformed its sector today by 1.48%, and it has shown a strong performance over the past week with a return of 9.14%. Despite a year-to-date decline of 25.42%, the stock has generated an impressive return of 80.47% over the past year, significantly higher than the market's average return of 3.95%. The company has reported positive results for the last five consecutive quarters, with a notable increase in net sales and profit after tax, which likely contributes to the recent upward movement in the stock price. However, the stock's long-term fundamentals are weak, indicated by a low return on capital employed and high debt levels, which may temper investor enthusiasm.
In the broader market context, the stock's short-term performance of 9.14% over the past week outpaces the benchmark Sensex, which has only increased by 2.18% during the same period. This suggests that investor sentiment towards Panache Digilife is relatively strong compared to the overall market. However, the stock's year-to-date decline of 25.42% contrasts sharply with the Sensex's gain of 7.92%, indicating that while the stock may be experiencing a short-term rally, it has struggled significantly over a longer timeframe. The mixed signals from both the stock's recent performance and its long-term fundamentals highlight the complexities of its current market position.