Why is V-Mart Retail falling/rising?

As of 21-Jul, V-Mart Retail Ltd. is experiencing a decline in its stock price, currently at Rs 768.45, reflecting a decrease of Rs 17.7 or 2.25%. The stock has underperformed its sector by 1.62% today and has fallen after four consecutive days of gains. It touched an intraday low of Rs 768.25 and is trading below all key moving averages, indicating a bearish trend. Over the past month, the stock has seen a significant decline of 13.61%, while its year-to-date performance shows a drop of 21.89%. Despite a positive PAT growth of 118.82% over the past nine months and high institutional holdings at 50.4%, the stock's long-term fundamentals are weak, with a low ROCE of 4.20% and poor sales growth, contributing to its recent price movement.
In the broader market context, V-Mart's short-term return of +0.85% over the past week contrasts with the Sensex, which has remained nearly flat at -0.06%. However, the stock's long-term performance has been lackluster, with a decline of 2.27% over the past year compared to the Sensex's gain of 1.98%. This underperformance, coupled with a high Debt to EBITDA ratio and declining investor participation, suggests that market sentiment is cautious regarding V-Mart's future growth prospects, further pressuring the stock price downward.