Why is Vishal Mega Mart falling/rising?

As of 02-Sep, Vishal Mega Mart Ltd's stock is currently priced at Rs 146.40, reflecting a decrease of Rs 2.65 or 1.78%. The stock has been underperforming, having fallen for the last four consecutive days, resulting in a total decline of 4.44% over the past week. Today's performance shows that it underperformed its sector by 0.64%, with an intraday low of Rs 145.75. Despite being above the 20-day, 50-day, 100-day, and 200-day moving averages, it is below the 5-day moving average. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 86.41% compared to the 5-day average. However, the company maintains a strong ability to service its debt, evidenced by a low Debt to EBITDA ratio of 0.57 times, and has shown healthy long-term growth with net sales increasing at an annual rate of 20.20%.
In the broader market context, Vishal Mega Mart's recent performance contrasts with the Sensex, which has only declined by 0.78% over the past week. While the stock has shown positive growth year-to-date at 37.72%, the recent short-term downturn indicates a lack of momentum compared to the benchmark. The company's strong financial results, including a 51.95% growth in PAT and a 21.93% increase in net sales over the latest six months, suggest underlying strength. However, the recent price decline and falling investor participation may reflect market sentiment that is cautious despite these positive fundamentals.