Why is V-Guard Industri falling/rising?

As of 17-Jul, V-Guard Industries Ltd is experiencing a price increase, currently at Rs 405.00, reflecting a rise of Rs 10.6 or 2.69%. The stock has shown strong performance today, outperforming its sector by 1.73%, and reached an intraday high of Rs 406.85, marking a 3.16% increase. Additionally, V-Guard is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Over the past week, the stock has gained 3.29%, and in the last month, it has risen by 8.22%, while its year-to-date performance shows a decline of 4.29%. The company has demonstrated high management efficiency with a return on capital employed (ROCE) of 19.18% and a low debt-to-equity ratio, contributing to investor confidence.
Broader market context reveals that while V-Guard has outperformed its sector recently, the benchmark Sensex has seen a decline of 1.12% over the past week and a modest increase of 0.83% over the past month. This contrast highlights V-Guard's strong relative performance. The stock's liquidity is also favorable, with a delivery volume increase of 14.72% compared to the 5-day average, suggesting rising investor participation. Furthermore, high institutional holdings at 34.05% indicate that knowledgeable investors are backing the stock, which may bolster its price stability and growth potential in the current market environment.