Why is Panache Digilife falling/rising?

As of 09-Jul, Panache Digilife Ltd's stock is currently priced at 209.63, reflecting a decline of 8.72 points or 3.99%. The stock has underperformed its sector today by 2.84%, despite being higher than its 20-day, 50-day, and 200-day moving averages. Over the past week, the stock has decreased by 4.87%, while it has shown a positive return of 9.97% over the last month. Although the company has reported positive results for the last five consecutive quarters, including a higher PAT and record net sales, concerns about its long-term fundamental strength, such as a low Return on Capital Employed (ROCE) and high Debt to EBITDA ratio, contribute to its current price decline.
In the broader market context, the Sensex has shown a slight increase of 0.09% over the past week, contrasting with Panache Digilife's negative performance. While the stock has generated a substantial return of 53.24% over the past year, significantly outperforming the market's return of 4.27%, its recent struggles highlight a disconnect between short-term performance and long-term growth potential. The stock's expensive valuation, indicated by its PEG ratio of 2.5, further complicates its outlook, suggesting that despite past gains, investors may be cautious about its future profitability and stability.