Why is Vishal Mega Mart falling/rising?

As of 19-Sep, Vishal Mega Mart Ltd's stock price is currently at Rs 152.60, reflecting an increase of Rs 6.2 or 4.23%. The stock has shown a positive trend today, having outperformed its sector by 3.84% and is close to its 52-week high, being just 3.37% away from Rs 157.75. After experiencing four consecutive days of decline, the stock has reversed this trend, reaching an intraday high of Rs 153.45. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company has demonstrated strong financial health with a low Debt to EBITDA ratio of 0.57 times and impressive growth in net sales and operating profit, which have increased at annual rates of 20.20% and 28.53%, respectively.
In the broader market context, Vishal Mega Mart's performance over the past week shows a slight increase of 0.03%, while the Sensex has risen by 0.88%. Over the past month, the stock has gained 3.77%, compared to the Sensex's 1.20% increase, indicating a relatively strong performance against the benchmark. The stock's year-to-date return of 43.56% significantly outpaces the Sensex's 5.74%, further highlighting its robust growth trajectory. This positive momentum, coupled with rising investor participation and liquidity, suggests that the stock's recent price increase is supported by strong fundamentals and favorable market conditions.