Why is Responsive Ind falling/rising?

As of 04-Jul, Responsive Industries Ltd is experiencing a slight increase in its stock price, currently at 242.10, with a change of 0.05 (0.02%) upward. The stock has been on a positive trajectory, gaining for the last eight days and achieving a remarkable 17.98% return during this period. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. Additionally, the company has demonstrated a strong ability to service its debt with a low Debt to EBITDA ratio of 1.18 times, and its operating profit has grown at an annual rate of 63.05%. However, despite these positive indicators, the stock has underperformed over the past year, with a return of -22.55%, even as profits have risen by 23.7%.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has outperformed the Sensex by 4.92% over the past week while the benchmark has declined by 0.74%. Despite this short-term outperformance, the stock's year-to-date return of -2.65% lags behind the Sensex's gain of 6.77%. The high institutional holdings at 35.13% suggest confidence among knowledgeable investors, yet the stock's valuation remains a concern with a ROCE of 14.3 and a PEG ratio of 1.4, indicating it may be considered expensive relative to its growth. Overall, while the stock is currently rising, its long-term performance and valuation metrics present challenges that could affect investor sentiment.