Why is VIP Clothing falling/rising?

As of 16-Sep, VIP Clothing Ltd's stock price is currently at 33.88, reflecting a slight increase of 0.13 or 0.39%. The stock has been gaining for the last two days, with a total return of 0.68% during this period. However, it has underperformed its sector by 1.04% today. Despite the recent gains, the stock has seen a significant decline over the past month, down 10.98%, and a year-to-date drop of 27.91%. The company has reported positive results in terms of net sales growth and profitability, with a notable increase in net sales of 51.50% over the last nine months. However, the stock's long-term fundamentals are weak, indicated by a low average return on capital employed and a high debt-to-EBITDA ratio, which may contribute to investor caution.
In the broader market context, the Sensex has performed better than VIP Clothing Ltd, with a 1.58% increase over the past week and a 5.43% rise year-to-date. This underperformance relative to the benchmark may be influencing investor sentiment negatively. Additionally, the stock's liquidity appears adequate for trading, but a significant drop in delivery volume suggests declining investor participation, which could further pressure the stock price. Overall, while there are some positive indicators regarding recent performance and profitability, the stock's long-term outlook and relative underperformance against the market may be contributing to its current price dynamics.