Why is PC Jeweller falling/rising?

As of 23-Jul, PC Jeweller Ltd's stock price is currently at 15.22, reflecting a slight increase of 0.03 or 0.2%. The stock has shown a trend reversal, gaining after three consecutive days of decline. It is performing inline with its sector today, and the delivery volume has significantly increased by 40.41% compared to the five-day average, indicating rising investor participation. Over the past year, the stock has generated a remarkable return of 105.23%, although it has faced a decline of 11.25% over the past week. Positive financial results, including a 9.32% growth in net sales and a substantial increase in profits, have contributed to the stock's recent upward movement, alongside its attractive valuation metrics.
In the broader market context, while PC Jeweller's stock has outperformed the benchmark BSE500 over the long term, it has underperformed in the short term, with a 1-week decline compared to a slight gain of 0.11% in the Sensex. Despite this short-term underperformance, the stock's strong annual return and positive financial indicators suggest a solid foundation for future growth, contrasting with the broader market's performance. The company's consistent positive results over the last four quarters and a favorable PEG ratio of 0.1 further support the stock's resilience and potential for recovery in the near term.