Why is PC Jeweller falling/rising?

As of 16-Jul, PC Jeweller Ltd's stock is currently priced at 17.15, reflecting a decrease of 0.21, or 1.21%. The stock has underperformed its sector today by 1.25%, and it has shown a significant decline of 6.95% over the past week, despite a strong performance of +39.89% over the past month. The stock is trading above its 20-day, 50-day, 100-day, and 200-day moving averages, but below its 5-day moving average. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 51.22% compared to the 5-day average. While the company has reported positive financial results, including a 9.32% growth in net sales and a 303.3% increase in profit before tax, it also faces challenges such as weak long-term fundamental strength and a high debt-to-EBITDA ratio.
In the broader market context, the stock has outperformed the benchmark Sensex over the long term, generating a return of 138.19% over the past year compared to the Sensex's 2.38%. However, in the short term, the stock's performance has been less favorable, with a significant decline in the past week contrasting with the Sensex's smaller drop of 1.08%. This divergence suggests that while the company has strong long-term growth potential, recent investor sentiment may be influenced by concerns over its ability to sustain profitability and manage debt effectively.