Why is V-Mart Retail falling/rising?

As of 29-Aug, V-Mart Retail Ltd. is currently priced at 740.45, reflecting an increase of 2.45 (0.33%). The stock has been gaining for the last two days, with a total return of 0.74% during this period. However, it has underperformed its sector by 0.86% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 1.30%, and it has seen a significant decline of 24.74% year-to-date. Despite these challenges, the company has reported positive financial results in the last three quarters, with a remarkable growth in net sales and operating profit, which may contribute to the recent uptick in stock price.
In the broader market context, V-Mart Retail's performance has been relatively better than the benchmark Sensex over the past week, where the Sensex fell by 1.84%. However, the stock has underperformed the benchmark over longer periods, including a 17.73% decline over the past year compared to the Sensex's drop of 2.83%. The company has a high institutional holding of 49.8%, indicating confidence from larger investors despite its high Debt to EBITDA ratio and low return on equity. This combination of strong recent performance metrics and institutional backing may be supporting the stock's current rise, even as it grapples with longer-term challenges.