Why is VIP Clothing falling/rising?

As of 19-Aug, VIP Clothing Ltd's stock price is currently at 36.68, reflecting an increase of 0.39 or 1.07%. The stock has shown a trend reversal, gaining after four consecutive days of decline. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Notably, there has been a significant rise in investor participation, with delivery volume increasing by 200.69% against the 5-day average. Despite a year-to-date decline of 21.96%, the company has reported positive financial results, including a 0.83% growth in net sales and a higher profit after tax of Rs 4.64 crore, which may contribute to the recent uptick in stock price.
In the broader market context, VIP Clothing has underperformed compared to the Sensex, which has gained 4.49% year-to-date, while VIP Clothing's stock has fallen by 21.96%. This stark contrast indicates that while the stock is experiencing a slight recovery today, its overall performance remains weak relative to the market. The company's long-term fundamentals are concerning, with a low return on capital employed and a high debt-to-EBITDA ratio, which could hinder future growth. Despite the recent positive results, the stock's significant underperformance over the past year suggests that investors remain cautious about its long-term prospects.