Why is V-Mart Retail falling/rising?

As of 12-Nov, V-Mart Retail Ltd. is experiencing a price increase, currently at Rs 829.55, reflecting a rise of Rs 55.35 or 7.15%. Today's performance indicates a trend reversal as the stock has gained after five consecutive days of decline. It outperformed its sector by 7.36% today and reached an intraday high of Rs 841.3. Despite a negative return of -10.16% over the past year, the company has shown strong growth in operating profit and net sales, with a notable increase in profit after tax. The stock is trading at a discount compared to its peers, supported by high institutional holdings of 49.57%, which may enhance investor confidence. However, the company faces challenges with a high Debt to EBITDA ratio of 4.49 times, indicating potential issues in servicing debt.
In the broader market context, the stock has underperformed the benchmark, with a 1-year return of -10.16% compared to the Sensex's gain of 7.36%. Over the last week, V-Mart Retail has slightly lagged behind the market, with a return of -0.17% against the Sensex's 1.21% increase. Despite these challenges, the recent positive price movement may suggest a shift in investor sentiment, particularly given the rising delivery volume and the company's strong quarterly results. The overall market performance indicates a favorable environment, but V-Mart's ability to maintain this upward momentum will depend on addressing its debt concerns and continuing to demonstrate growth in profitability.