Why is V-Guard Industri falling/rising?

As of 24-Jul, V-Guard Industries Ltd is experiencing a decline in its stock price, currently at 401.90, down by 4.85 points or 1.19%. The stock has underperformed its sector today by 0.77%, despite trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 59.55% against the 5-day average. Over the past week, the stock has decreased by 0.77%, while it has shown a positive return of 6.35% over the past month. However, its year-to-date performance is down by 5.02%, and it has declined by 14.16% over the past year. Positive factors include high management efficiency reflected in a return on capital employed (ROCE) of 19.18% and strong institutional holdings at 34.17%, indicating confidence from larger investors.
In the broader market context, the Sensex has only slightly declined by 0.09% over the past week, contrasting with V-Guard's performance. While the stock has outperformed the benchmark over the last three years with a return of 77.20% compared to the Sensex's 46.57%, its recent performance indicates a struggle to maintain momentum. The company's strong fundamentals, such as low debt-to-equity ratio and high net sales, suggest potential for recovery; however, the current downward trend may be influenced by reduced trading activity and market sentiment.