Why is Panache Digilife falling/rising?

As of 21-Jul, Panache Digilife Ltd's stock price is currently at 250.96, reflecting a decline of 5.13, or 2.0%. The stock has shown strong performance in the past week and month, with returns of 11.17% and 29.31%, respectively, significantly outperforming the Sensex, which has remained relatively flat. Despite this recent positive momentum, the stock is experiencing a drop today. The company has reported positive results over the last five consecutive quarters, with a higher profit after tax and record net sales, which typically would support a rising stock price. However, concerns about long-term fundamental strength, including a low return on capital employed and high debt levels, may be contributing to the current decline.
In the broader market context, while Panache Digilife has generated a remarkable return of 70.29% over the past year, this is juxtaposed against a backdrop of a 2.28% increase in the Sensex. The stock's recent performance is inline with sector trends, but the overall market sentiment may be tempered by the company's weak long-term growth prospects and high valuation metrics, which could lead investors to reassess their positions. The stock's decline today may reflect a market correction or profit-taking after a strong run, despite its impressive short-term returns compared to the benchmark.