Why is V2 Retail falling/rising?

As of 02-Sep, V2 Retail Ltd's stock price is currently at Rs 1,679.00, reflecting a decrease of Rs 46.0 or 2.67%. The stock has been underperforming, having fallen for the last three consecutive days with a total decline of 3.38%. Today's trading saw the stock touch an intraday low of Rs 1,646.7, and it is trading below all key moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume decreasing by 50.71% compared to the five-day average. Despite the recent downturn, the company has shown strong long-term growth indicators, such as a 37.72% annual growth rate in net sales and a 55.07% increase in operating profit. The stock is also trading at a discount compared to its peers, which may provide a supportive factor for future recovery.
In the broader market context, V2 Retail's short-term performance has been notably weaker than the benchmark, with a 1-week decline of 2.89% compared to the Sensex's 0.78% drop. This underperformance is compounded by the stock's year-to-date return of -1.44%, contrasting sharply with the Sensex's gain of 2.58%. However, the company has consistently delivered positive results over the past nine quarters, and institutional investors have increased their stake, indicating confidence in the company's fundamentals. Despite the recent price decline, the long-term outlook remains positive, supported by strong financial growth and institutional interest.