Why is Vishal Mega Mart falling/rising?

As of 12-Sep, Vishal Mega Mart Ltd's stock price is currently at Rs 152.55, reflecting an increase of Rs 2.25 or 1.5%. The stock has shown a positive trend today, having outperformed its sector by 0.95%. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum. Despite a recent two-day decline, the stock has rebounded, and it is close to its 52-week high, just 3.41% away from Rs 157.75. The company has demonstrated robust financial health, with a low Debt to EBITDA ratio of 0.57 times and impressive growth in net sales and operating profit, contributing to a favorable outlook.
In the broader market context, Vishal Mega Mart's short-term performance over the past week shows a slight increase of 0.07%, which is notably lower than the Sensex's gain of 1.48%. However, over the past month, the stock has outperformed the benchmark with an increase of 8.96% compared to the Sensex's 2.08%. This indicates that while the stock has faced some challenges in the short term, its overall performance remains strong, particularly in the context of its healthy long-term growth metrics and positive financial results from the latest six months.