Why is PC Jeweller falling/rising?

As of 31-Jul, PC Jeweller Ltd's stock price is currently at 15.62, reflecting an increase of 0.42 or 2.76%. The stock has shown a strong performance recently, gaining 7.21% over the last four days and outperforming its sector by 3.53% today. In terms of returns, the stock has increased by 19.60% over the past month, while it has generated a remarkable 66.38% return over the last year. Positive factors contributing to this rise include a significant growth in net sales of 9.32% and a remarkable increase in profit before tax, which has grown by 303.3% compared to the previous four-quarter average. Additionally, the stock is trading at a discount compared to its peers, and its PEG ratio of 0.1 indicates attractive valuation metrics. In the broader market context, the stock's recent performance stands in stark contrast to the benchmark Sensex, which has declined by 1.22% over the past week and 3.00% over the past month. This indicates that PC Jeweller is not only performing well in the short term but is also significantly outperforming the broader market trends. However, it is important to note that there are concerns regarding the company's long-term fundamental strength, including a negative CAGR growth in operating profits over the last five years and a high debt-to-EBITDA ratio, which could affect investor sentiment moving forward. Despite these concerns, the stock's recent gains suggest that investors are currently optimistic about its short-term prospects.