Why is Vishal Mega Mart falling/rising?

As of 05-Jun, Vishal Mega Mart Ltd's stock price is currently at Rs 127.75, reflecting an increase of Rs 1.65 or 1.31%. The stock has shown a positive trend recently, gaining after two consecutive days of decline. It is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish momentum. However, the stock has underperformed its sector by 0.51% today, and there has been a notable decrease in investor participation, with delivery volume falling by 17.25% compared to the 5-day average. The stock is also 4.27% away from its 52-week high of Rs 133.2, which may suggest a potential resistance level.
In the broader market context, Vishal Mega Mart's short-term performance over the past week shows a return of 1.03%, which is significantly better than the Sensex, which has declined by 0.23%. Over the past month, the stock has increased by 2.82%, while the Sensex has gained 0.80%. Year-to-date, Vishal Mega Mart has outperformed the benchmark with a return of 20.18% compared to the Sensex's 4.23%. This strong relative performance indicates that despite some short-term challenges, the stock is maintaining a positive trajectory in the context of the overall market.