Why is Ventive Hospital falling/rising?

As of 17-Sep, Ventive Hospitality Ltd's stock price is currently at 757.65, reflecting a decline of 13.55 points or 1.76%. The stock has underperformed its sector by 1.92% today and has experienced a trend reversal, falling after three consecutive days of gains. It opened with a loss of 2.41% and reached an intraday low of Rs 752.65. Despite this decline, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive long-term trend. The company has shown healthy long-term growth, with net sales increasing at an annual rate of 235.70% and operating profit at 114.11%. Recent positive results, including a higher PAT of Rs 154.81 crore and net sales growth of 26.5% in the latest quarter, suggest strong fundamentals, although the current price movement reflects short-term volatility.
In the broader market context, Ventive Hospitality's 1-week return of +0.75% is lower than the Sensex's return of +1.56%, indicating that the stock is lagging behind the benchmark in the short term. Over the past month, however, the stock has outperformed the Sensex, with a return of +6.28% compared to the benchmark's +2.60%. This suggests that while the stock is facing short-term challenges, its longer-term performance remains robust relative to the market. The rising investor participation, evidenced by an 85.47% increase in delivery volume, may indicate ongoing interest in the stock despite its current price decline.