Why is Varun Beverages falling/rising?

As of 05-Aug, Varun Beverages Ltd is experiencing a decline in its stock price, currently at 508.00, reflecting a decrease of 0.85, or 0.17%. The stock has been losing value for the last three days, with a total decline of 2.79% during this period. Despite being higher than the 20-day, 50-day, and 100-day moving averages, it remains lower than the 5-day and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 71.33% compared to the 5-day average. Over the past week, the stock has decreased by 0.82%, while it has shown a notable increase of 11.33% over the past month. However, year-to-date, the stock is down 20.43%, contrasting sharply with its strong long-term performance, which includes a 147.88% increase over three years and a staggering 671.28% rise over five years.
In the broader market context, the Sensex has also seen a slight decline of 0.77% over the past week, indicating that the stock's short-term performance is somewhat in line with the overall market trend. Despite the recent price drop, Varun Beverages has demonstrated strong long-term fundamentals, including a robust average Return on Equity (ROE) of 22.82% and significant growth in net sales and operating profit. The company has maintained positive results for the last three consecutive quarters, showcasing its ability to service debt effectively with a low Debt to EBITDA ratio. Furthermore, high institutional holdings at 32.38% suggest confidence from more knowledgeable investors, which could provide a stabilizing effect in the long run.