Why is Vardhman Textile falling/rising?

As of 02-Jul, Vardhman Textiles Ltd is currently priced at Rs 502.50, reflecting a decrease of Rs 1.75 or 0.35%. The stock has underperformed its sector today, with a trend reversal following three consecutive days of gains. It reached an intraday low of Rs 494.05, marking a decline of 2.02%. Despite this short-term drop, the stock has shown positive performance over the past week and month, with returns of 2.87% and 2.13%, respectively. Additionally, the company maintains a strong ability to service its debt, evidenced by a low Debt to EBITDA ratio of 0.89 times, and has high institutional holdings at 22.47%, which suggests confidence from informed investors. However, there has been a notable decline in investor participation, with delivery volume dropping by 50.79% compared to the five-day average.
In the broader market context, Vardhman Textiles has outperformed the benchmark Sensex over the long term, generating a 3.79% return in the last year compared to the Sensex's 5.00%. However, in the year-to-date performance, the stock has lagged, with a decline of 1.28% against the Sensex's gain of 6.75%. This contrast highlights the stock's recent struggles despite its historical performance. The liquidity of the stock remains adequate for trading, but the recent drop in delivery volume may indicate a shift in investor sentiment, contributing to the current price decline.