Why is Vardhman Textile falling/rising?

As of 11-Aug, Vardhman Textiles Ltd is currently priced at 390.00, reflecting a decrease of 3.65, or 0.93%. The stock has been on a downward trend, having underperformed its sector by 0.95% today and experiencing a consecutive fall over the last four days, resulting in a total decline of 6.59%. Additionally, the stock has significantly underperformed in the short term, with a 1-week return of -6.45% and a 1-month return of -21.46%. It is trading below all key moving averages, indicating a bearish trend. Despite a healthy long-term growth outlook, with operating profit increasing at an annual rate of 19.54% and a low Debt to EBITDA ratio of 0.89, the stock's recent performance has been negatively impacted by falling investor participation, as evidenced by a 34.96% drop in delivery volume compared to the 5-day average.
In the broader market context, Vardhman Textiles' short-term performance has been notably worse than the benchmark Sensex, which has only declined by 0.51% over the past week. The stock's year-to-date performance is also concerning, with a decline of 23.38% compared to the Sensex's gain of 3.15%. While the company maintains a strong institutional holding of 22.61%, which suggests confidence from knowledgeable investors, the overall market sentiment appears to be weighing heavily on the stock's price. The combination of poor recent returns, declining trading volume, and the stock's underperformance relative to the benchmark indicates a challenging environment for Vardhman Textiles at this time.