Why is V-Mart Retail falling/rising?

As of 17-Jul, V-Mart Retail Ltd. has seen its stock price rise by 1.95, or 0.25%, reaching a current price of 786.05. The stock has been gaining for the last three days, with a total return of 3.16% during this period. Despite this recent uptick, the stock has underperformed in the longer term, showing a decline of 20.10% year-to-date and a negative return of 4.78% over the past year. Positive factors contributing to the recent price movement include a higher profit after tax of Rs 70.59 crore in the latest six months, an attractive valuation with a return on capital employed (ROCE) of 9.3, and high institutional holdings at 50.4%, which have increased by 0.63% over the previous quarter. However, the company also faces challenges, such as weak long-term fundamental strength and a high debt-to-EBITDA ratio of 3.60 times, which may limit its growth potential.
In the broader market context, V-Mart Retail's recent performance has outpaced the sector by 0.93%, while the benchmark Sensex has declined by 1.12% over the past week. This indicates that the stock is currently performing better than the overall market trend, despite its longer-term struggles. The stock's ability to touch an intraday high of Rs 802.6 suggests some investor optimism, although falling investor participation, as indicated by a 28.27% drop in delivery volume compared to the five-day average, raises concerns about sustained interest. Overall, while there are positive indicators for V-Mart Retail's short-term performance, the long-term outlook remains uncertain due to fundamental weaknesses.