Why is V2 Retail falling/rising?

As of 29-Sep, V2 Retail Ltd's stock price is rising, currently at 2,075.65, reflecting an increase of 188.25 or 9.97%. The stock has shown strong performance today, outperforming its sector by 9.92% and is just 0.93% away from its 52-week high of Rs 2,095. Over the past week, the stock has gained 4.35%, and it has demonstrated impressive returns over longer periods, including a 63.44% increase over the past year and a staggering 1,842.58% over the last three years. Positive factors contributing to this rise include consistent growth in net sales and operating profit, with the company declaring positive results for the last nine consecutive quarters. Additionally, institutional investors have increased their stake, indicating confidence in the company's fundamentals.
In the broader market context, while V2 Retail has experienced a significant rise, the benchmark Sensex has declined by 2.18% over the past week. This stark contrast highlights the stock's strong performance relative to the market. Despite a recent decrease in delivery volume, which fell by 43.87% against the five-day average, the stock remains liquid enough for trading. The overall positive sentiment surrounding V2 Retail, driven by healthy long-term growth and increasing institutional participation, supports its upward price movement even as the broader market faces challenges.