Why is V-Mart Retail falling/rising?

As of 30-Jun, V-Mart Retail Ltd. is currently priced at 861.70, reflecting an increase of 6.55 or 0.77%. The stock has recently shown signs of recovery after a four-day consecutive decline, although it underperformed its sector by 0.39% today. The stock is trading above its 50-day and 100-day moving averages but below its 5-day, 20-day, and 200-day moving averages. Despite a year-to-date decline of 12.41%, the stock has generated a 17.82% return over the past year, significantly outpacing the market's return of 5.79%. Positive factors contributing to the stock's recent movement include a higher profit after tax of Rs 70.59 crore over the last six months and an attractive valuation compared to peers, as well as a notable increase in institutional holdings, which rose by 0.63% in the previous quarter.
In the broader market context, V-Mart Retail's short-term performance has been less favorable compared to the benchmark, with a 1-week return of -6.82% against the Sensex's gain of 2.09%. This underperformance highlights the challenges the company faces in the current market environment. However, the stock's long-term performance remains strong, with a 38.65% return over the last three years, although it still lags behind the benchmark's 57.69% return during the same period. The rising investor participation, indicated by an increase in delivery volume, suggests a potential shift in sentiment that could support the stock's recovery moving forward.