Why is Panache Digilife falling/rising?

As of 02-Jul, Panache Digilife Ltd's stock price is currently at 220.37, reflecting an increase of 4.32 or 2.0%. The stock has shown strong performance today, outperforming its sector by 5.17%. 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 gained 10.40%, significantly outpacing the Sensex, which rose by only 0.83%. The company has reported positive results for the last five consecutive quarters, with a notable increase in net sales and profit after tax, contributing to the stock's upward movement.
In the broader market context, while Panache Digilife has experienced a remarkable return of 80.26% over the past year, this is juxtaposed against a year-to-date decline of 22.41%, indicating volatility. The stock's performance in the short term has been significantly better than the benchmark, as evidenced by its 10.40% gain over the past week compared to the Sensex's modest increase. However, concerns about long-term fundamental strength persist, with a low return on capital employed and high debt levels, which may temper investor enthusiasm despite the recent positive performance.