Why is Radico Khaitan falling/rising?

As of 01-Sep, Radico Khaitan Ltd. is currently priced at 2,847.20, reflecting a slight increase of 1.15 (0.04%). The stock has been gaining over the last two days, with a total return of 0.24% during this period. However, it has underperformed its sector by 0.58% today and is 3.31% away from its 52-week high of Rs 2,941.4. Despite a recent decline in delivery volume by 39.71% against the 5-day average, the company maintains a strong financial position with a low Debt to EBITDA ratio of 0.96 times and consistent growth in net sales and profits, which has positively influenced investor sentiment.
In the broader market context, Radico Khaitan's short-term performance of -2.27% over the past week contrasts with the Sensex's decline of -1.56%, indicating a relative underperformance. However, the stock has shown impressive returns over longer periods, with a 9.29% increase year-to-date and a remarkable 46.39% rise over the past year, significantly outperforming the Sensex, which has declined by 2.43% in the same timeframe. The high institutional holdings at 43.74% suggest confidence from more sophisticated investors, although the stock's valuation appears expensive with a PEG ratio of 1.9, which may pose a risk to future price movements.