Why is Vardhman Textile falling/rising?

As of 14-Jul, Vardhman Textiles Ltd is experiencing a decline in its stock price, currently at 490.60, which reflects a decrease of 5.95 or 1.2%. The stock has underperformed its sector by 0.68% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 3.61% over this period. Although the stock is trading above its 20, 50, 100, and 200-day moving averages, it is below its 5-day moving average. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 73.76% compared to the 5-day average. While the company has a low Debt to EBITDA ratio of 0.89 and a fair valuation indicated by a Price to Book Value of 1.4, the stock's performance has been hindered by poor long-term growth metrics, including low annual growth rates in net sales and operating profit.
In the broader market context, Vardhman Textiles has shown a mixed performance compared to the benchmark Sensex. Over the past week, the stock has decreased by 1.37%, slightly better than the Sensex's decline of 1.42%. However, on a year-to-date basis, Vardhman Textiles has underperformed significantly, with a decline of 3.61% compared to the Sensex's gain of 5.27%. This underperformance, coupled with flat results in recent financial metrics and a low debtors turnover ratio, suggests that while institutional holdings are high, indicating some confidence in the company's fundamentals, the overall market sentiment and recent financial results are contributing to the stock's downward movement.