Why is Vardhman Textile falling/rising?

As of 07-Aug, Vardhman Textiles Ltd is experiencing a decline in its stock price, currently at 405.00, which reflects a decrease of 3.5 points or 0.86%. The stock has been underperforming recently, with a consecutive fall over the last two days resulting in a total drop of 2.99%. Additionally, the stock has shown a significant decline of 18.58% over the past month and 23.30% over the past year, while it has underperformed the benchmark indices like the Sensex during these periods. The stock is trading below all its moving averages, indicating a bearish trend, and has seen a drop in investor participation, with delivery volume falling by 37.88% against the five-day average.
In the broader market context, Vardhman Textiles' recent performance contrasts sharply with the Sensex, which has only declined by 0.69% over the past week. Despite the company's strong fundamentals, such as a low Debt to EBITDA ratio and healthy long-term growth in operating profit, the stock's recent price movements suggest a lack of investor confidence. The flat results reported in June, coupled with a decrease in PAT and a low debtors turnover ratio, have contributed to the stock's negative sentiment. Furthermore, while institutional holdings are relatively high at 22.61%, indicating some level of confidence, the overall performance has been below par in both the short and long term, leading to the current downward trend in the stock price.