Why is V-Mart Retail falling/rising?

As of 02-Jul, V-Mart Retail Ltd. is experiencing a decline in its stock price, currently at Rs 823.45, which reflects a decrease of Rs 27.05 or 3.18%. The stock has underperformed its sector by 1.82% today and has been on a downward trend for the last two days, with a total drop of 4.44% during this period. Although the stock opened with a gain of 2.19% today and reached an intraday high of Rs 872.5, it also hit a low of Rs 812.4, indicating significant volatility. Over the past week, the stock has decreased by 6.70%, and year-to-date, it has fallen 16.30%, contrasting with a 6.75% increase in the benchmark Sensex. Despite a positive performance over the last year with a return of 13.89%, the stock's recent movements are influenced by weak long-term fundamentals, including a low average Return on Capital Employed (ROCE) and high debt levels.
Broader Market Context: In the context of the broader market, V-Mart Retail's recent performance is notably weaker than that of the benchmark, as it has underperformed the Sensex, which has gained 0.79% over the past week. The stock's decline can be attributed to a combination of factors, including its weak long-term growth prospects and the high Debt to EBITDA ratio, which raises concerns about its ability to service debt. While there has been an increase in institutional holdings, suggesting some confidence in the stock, the overall market sentiment appears to be cautious, especially given the stock's recent consecutive falls and underperformance relative to its peers.