Why is V-Mart Retail falling/rising?

As of 26-Jun, V-Mart Retail Ltd. is experiencing a decline in its stock price, currently at Rs 863.30, which reflects a decrease of Rs 19.3 or 2.19%. The stock has underperformed its sector by 3.02% today and has been on a downward trend for the last three days, resulting in a total decline of 6.65%. Despite a positive annual return of 17.48%, the stock's year-to-date performance shows a significant drop of 12.25%. The stock is trading below its 5-day, 20-day, and 200-day moving averages, although it remains above the 50-day and 100-day moving averages. Additionally, there has been a notable increase in delivery volume, suggesting rising investor participation, which could indicate some underlying interest despite the current price drop.
In the broader market context, V-Mart's recent performance contrasts sharply with the benchmark Sensex, which has gained 2.94% over the past week. This divergence highlights the stock's struggles in the short term, particularly as it has underperformed the market in recent weeks. While the company has shown strong fundamentals, including a 127.1% increase in profits over the past year and high institutional ownership at 50.4%, these positive factors have not been sufficient to counteract the recent price decline. The stock's attractive valuation relative to peers and its market-beating performance over the past year suggest potential for recovery, but current trends indicate that investor sentiment may be cautious in the face of recent losses.