Why is V-Guard Industri falling/rising?

As of 07-Jul, V-Guard Industries Ltd is currently priced at 397.00, reflecting an increase of 1.75 (0.44%). The stock has been gaining for the last three days, with a total return of 3.14% during this period. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 448.72% compared to the 5-day average. Despite a year-to-date decline of 6.18%, the company has shown strong management efficiency, with a high return on capital employed (ROCE) of 19.18% and a low debt-to-equity ratio, which supports its valuation. The stock is trading at a premium compared to its peers, but its profits have risen by 21.8% over the past year, suggesting underlying strength.
In the broader market context, V-Guard Industries has outperformed the benchmark Sensex in the short term, with a 1-week return of 2.53% compared to a decline of 0.20% for the index. While the stock has underperformed its sector today by 0.76%, its strong institutional holdings at 34.05% indicate confidence from larger investors who typically have more resources to analyze company fundamentals. The company's significant market capitalization of Rs 17,233 crore and its substantial contribution to the sector further bolster its position, despite the recent challenges reflected in its longer-term performance.