Why is Varun Beverages falling/rising?

As of 22-Jul, Varun Beverages Ltd is currently priced at 485.20, reflecting a decrease of 4.05 points or 0.83%. The stock has underperformed its sector by 0.49% today, despite being higher than its 5-day, 20-day, and 50-day moving averages, but lower than its 100-day and 200-day moving averages. The delivery volume has significantly dropped by 54.58% compared to the 5-day average, indicating a decline in investor participation. Over the past week, the stock has shown a positive return of 3.30%, and over the past month, it has increased by 5.73%. However, it has experienced a year-to-date decline of 24.00% and a one-year decline of 22.31%. Despite these recent challenges, the company maintains strong long-term fundamentals, with a robust average Return on Equity (ROE) of 20.57% and impressive growth in net sales and operating profit.
In the broader market context, Varun Beverages' recent performance contrasts with the Sensex, which has seen a slight decline of 0.47% over the past week and 0.27% over the past month. The stock's significant institutional holdings at 32.38% suggest that knowledgeable investors are backing the company, which could provide stability despite current price fluctuations. The company's strong financial metrics, including a low Debt to EBITDA ratio and a healthy operating cash flow, support its long-term viability. However, the recent drop in delivery volume and underperformance relative to the sector may be contributing to the stock's current downward movement.