Why is PNGS Gargi FJ falling/rising?

As of 30-Jun, PNGS Gargi Fashion Jewellery Ltd is currently priced at Rs 864.50, reflecting an increase of Rs 2.35, or 0.27%. Despite this slight uptick, the stock has underperformed its sector by 0.34% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 1.84%, and in the last month, it has fallen by 3.73%. However, the company has demonstrated strong long-term growth, with net sales increasing at an annual rate of 109.91% and operating profit growing at 140.33%. The company has also reported positive results for the last eight consecutive quarters, contributing to a significant one-year return of 49.59%, which is substantially higher than the market's return of 3.95%.
In the broader market context, while the stock has shown impressive long-term performance, its recent short-term returns have lagged behind the benchmark, indicating a disconnect between its historical growth and current market sentiment. The low debt-to-equity ratio and strong profitability metrics, such as a return on capital employed (ROCE) of 37.70%, suggest a solid financial foundation. However, the stock's expensive valuation, indicated by a price-to-book value of 9 and a low domestic mutual fund ownership of 0%, raises concerns about its attractiveness at current prices. This combination of strong fundamentals and potential valuation concerns may be contributing to the stock's mixed performance in the market.