Why is V I P Inds. falling/rising?

As of 30-Jul, V I P Industries Ltd is currently priced at 461.00, reflecting a slight increase of 0.5 (0.11%). The stock has been gaining over the last two days, with a total return of 3.65% during this period. However, it has underperformed its sector by 0.5% today. Despite trading above its moving averages across various time frames, the stock is experiencing a decline in investor participation, as evidenced by a 16.24% drop in delivery volume compared to the five-day average. The company has high institutional holdings at 21.05%, which have increased by 0.62% over the previous quarter, indicating some confidence among institutional investors. Nonetheless, the company has reported negative results for the last eight consecutive quarters, with a significant decline in operating profits and a high debt-to-EBITDA ratio, which raises concerns about its long-term financial health.
In the broader market context, V I P Industries has shown a mixed performance compared to the benchmark, with a 1-week return of -0.35% against a -1.50% decline in the Sensex, and a 1-month return of +9.37% compared to the benchmark's -2.54%. This suggests that while the stock has recently outperformed the market over the past month, its longer-term performance remains concerning, with a year-to-date return of -4.17% versus the Sensex's +4.28%. The consistent underperformance against benchmarks over the last three years, coupled with negative operating profits and low return on equity, indicates that despite some short-term gains, the stock faces significant challenges that could hinder its future performance.