Why is Panache Digilife falling/rising?

As of 01-Jul, Panache Digilife Ltd's stock price is currently at 216.05, reflecting an increase of 4.23, or 2.0%. The stock has shown strong performance today, outperforming its sector by 1.14%. It is trading above its 5-day, 20-day, 50-day, and 200-day moving averages, although it remains below the 100-day moving average. Over the past week, the stock has increased by 10.40%, significantly outperforming the Sensex, which rose by 1.99%. Additionally, the company has reported positive results for the last five consecutive quarters, with notable increases in net sales and profit after tax, contributing to the stock's upward movement.
In the broader market context, while Panache Digilife has generated a remarkable return of 78.13% over the past year, this is contrasted by a year-to-date decline of 23.93%, indicating underlying challenges. The stock's performance has been strong relative to the benchmark, particularly in the short term, but concerns about long-term fundamental strength persist, including a high debt-to-EBITDA ratio and modest growth rates. These factors suggest that while the stock is currently rising, there are significant risks that could impact its future performance.