Why is Vishal Mega Mart falling/rising?

As of 27-Jun, Vishal Mega Mart Ltd's stock price is rising, currently at Rs 134.70, reflecting an increase of Rs 2.1 or 1.58%. The stock has shown strong performance recently, with a 1-week return of 3.90% and a 1-month return of 7.59%, significantly outperforming the Sensex, which has returned 2.00% and 3.07% over the same periods, respectively. Today's trading saw the stock reach an intraday high of Rs 135.35, and it is currently just 2.3% away from its 52-week high of Rs 137.8. However, there has been a notable decline in investor participation, with delivery volume dropping by 77.15% compared to the 5-day average. Despite this, the company demonstrates strong fundamentals, including a low Debt to EBITDA ratio of 0.57 times and impressive growth in net sales and operating profit.
Broader Market Context: The stock's recent performance indicates a positive sentiment among investors, particularly with the increasing participation from institutional investors, who have raised their stake by 18.02% in the last quarter. This suggests a growing confidence in the company's long-term prospects. In contrast, the broader market, represented by the Sensex, has lagged behind Vishal Mega Mart's performance, particularly in the short term. While the Sensex has gained 2.00% over the past week, Vishal Mega Mart has outperformed this benchmark significantly, indicating a strong position in the market despite some concerns regarding valuation and recent flat results.