Why is VIP Clothing falling/rising?

As of 15-Sep, VIP Clothing Ltd is currently priced at 33.75, reflecting a slight increase of 0.1 or 0.3%. The stock has shown a trend reversal, gaining after two consecutive days of decline. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend overall. Despite a recent growth in net sales of 0.83% and positive results over the last four quarters, the stock has underperformed significantly, with a year-to-date return of -28.19% compared to a 4.67% gain in the broader market. The company’s high debt to EBITDA ratio and weak long-term fundamental strength further contribute to the stock's challenges, despite its attractive valuation metrics.
In the broader market context, VIP Clothing's short-term performance has been lackluster, with a 1-week return of -0.24% compared to a 1.24% increase in the Sensex. This underperformance is consistent with its longer-term trends, where the stock has generated -20.14% returns over the past year, contrasting sharply with the market's performance. The declining investor participation, as evidenced by a 16.91% drop in delivery volume, also suggests a lack of confidence among investors, which may be contributing to the stock's struggles in the current market environment.