Why is PVR Inox falling/rising?

As of 27-Oct, PVR Inox Ltd is experiencing a price increase, currently at 1,179.50, reflecting a rise of 16.9 points or 1.45%. The stock has shown positive momentum, outperforming its sector by 0.41% today and has gained consecutively for the last three days, with a total return of 2.23% during this period. Additionally, PVR Inox is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend. The company has reported strong financial performance, with net sales growing at an annual rate of 31.14% and operating profit increasing by 50.71%. However, it faces challenges with a high Debt to EBITDA ratio of 15.02 times, which raises concerns about its ability to service debt.
In the broader market context, PVR Inox has outperformed the Sensex over the past week and month, with returns of 1.83% and 6.57%, respectively, compared to the benchmark's 0.49% and 5.41%. Despite this recent positive performance, the stock has underperformed over the longer term, with a year-to-date return of -9.55% and a one-year return of -20.74%, contrasting sharply with the Sensex's gain of 8.50% during the same period. The high institutional holdings at 57.15% suggest confidence from larger investors, which may support the stock's recent upward movement despite its historical underperformance.