Why is Aditya Vision falling/rising?

As of 30-Jul, Aditya Vision Ltd's stock price is currently at 392.85, reflecting an increase of 2.9, or 0.74%. The stock has been gaining for the last two days, with a total return of 3.38% during this period. However, it has underperformed its sector by 5.86% today. Over the past week, the stock has seen a slight decline of 0.17%, while it has performed better over the last month with a return of 4.90%. Despite a year-to-date decline of 23.04%, the company has demonstrated strong fundamentals, including a high return on capital employed (ROCE) of 24.56% and significant growth in net sales and operating profit. However, the company also carries a high debt-to-equity ratio of 1.54, which raises concerns about its financial stability.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has declined by 1.50% over the past week and 2.54% over the past month. While the retail sector has gained by 6.32%, Aditya Vision's stock has not kept pace, indicating a potential disconnect between the company's performance and market trends. Additionally, the stock's liquidity appears adequate, but there has been a notable decrease in investor participation, as evidenced by a 19.25% drop in delivery volume compared to the five-day average. Overall, while the stock shows some positive momentum, its high debt levels and recent underperformance relative to the market may contribute to cautious investor sentiment.