Why is Vardhman Textile falling/rising?

As of 04-Jul, Vardhman Textiles Ltd is currently priced at 500.70, reflecting an increase of 2.5 or 0.5%. The stock has shown a trend reversal, gaining after two consecutive days of decline. However, it underperformed its sector by 0.32%. Despite this, Vardhman Textiles is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive price trend. The stock's performance over the past week shows a gain of 1.68%, while it has underperformed the benchmark Sensex in the last month with a return of 2.39% compared to the Sensex's 3.01%. Additionally, the company has a strong ability to service debt, evidenced by a low Debt to EBITDA ratio of 0.89 times, and high institutional holdings at 22.47%, which can support stability in its stock price.
In the broader market context, Vardhman Textiles' recent performance contrasts with the Sensex, which has seen a decline of 0.74% over the past week. While the stock has shown resilience in the long term with a 3-year return of 80.11% compared to the Sensex's 56.73%, its year-to-date performance is down by 1.63%, while the Sensex has gained 6.77%. The falling investor participation, with a significant drop in delivery volume, may indicate reduced interest among retail investors, which could impact future price movements. Overall, while the stock is currently rising, the mixed signals from its recent performance and market participation suggest a cautious outlook.