Why is V-Mart Retail falling/rising?

As of 28-Jul, V-Mart Retail Ltd. is currently priced at 796.35, reflecting a decrease of 4.2 points or 0.52%. The stock has been underperforming recently, having fallen consecutively for the last two days with a total decline of 2.29%. In the past week, however, it has outperformed its sector by 0.7%, despite a one-month return of -6.88%. The company has shown healthy long-term growth with net sales increasing at an annual rate of 21.11% and operating profit at 25.28%. Positive results over the last three quarters have also contributed to its valuation, although the stock is currently trading at a discount compared to its peers. However, the high Debt to EBITDA ratio of 3.60 times indicates a low ability to service debt, which may be weighing on investor sentiment.
In the broader market context, V-Mart Retail's recent performance contrasts with the benchmark Sensex, which has declined by 1.59% over the past week. While the stock has shown some resilience in the short term, its year-to-date return of -19.06% starkly contrasts with the Sensex's positive return of 3.52%. This underperformance is compounded by the company's low return on equity and high institutional holdings, which suggest that while institutional investors may have confidence in the company's fundamentals, the overall market sentiment remains cautious due to its debt levels and profitability concerns.