Why is PC Jeweller falling/rising?

As of 04-Aug, PC Jeweller Ltd's stock price is currently at 14.75, reflecting a decrease of 0.26, or 1.73%. The stock has underperformed its sector today by 2.92% and has experienced a consecutive decline over the last two days, resulting in a total drop of 5.57%. Despite the company declaring positive results for the last five consecutive quarters, including a significant growth in PAT and net sales, the stock has seen a 1-month decline of 11.73% and a year-to-date drop of 6.65%. The company’s weak long-term fundamental strength, indicated by a negative CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio, may be contributing to investor concerns, leading to the current price decline.
In the broader market context, the stock's performance over the past week has been flat at 0.00%, while the benchmark Sensex has increased by 0.16%. Although PC Jeweller has outperformed the BSE500 over the long term, its recent struggles in the short term, combined with falling investor participation and low domestic mutual fund holdings, suggest a lack of confidence in the stock's future performance. The stock's attractive valuation compared to peers may not be sufficient to offset the negative sentiment stemming from its operational challenges and declining returns in the near term.