Why is VTM falling/rising?

As of 03-Jul, VTM Ltd's stock price is rising, currently at Rs. 112.04, reflecting an increase of Rs. 5.17 or 4.84%. The stock has recently reached a new 52-week high of Rs. 112.21 and has shown strong performance, gaining 28.07% over the past seven days. Additionally, VTM has outperformed its sector by 4.08% today. The stock's impressive returns are highlighted by a 301.40% increase over the past year and a 527.32% rise over the last three years. Positive factors contributing to this upward movement include a low debt-to-equity ratio, healthy long-term growth with a 45.68% annual increase in operating profit, and consistent positive results over the last four quarters.
In the broader market context, VTM's short-term return of 23.73% over the past week significantly outpaces the Sensex, which has seen a decline of 0.62% during the same period. This strong performance indicates that VTM is not only thriving independently but is also gaining traction compared to the overall market. However, it is worth noting that despite its impressive growth, the stock is considered expensive relative to its peers, with a high price-to-book value and low domestic mutual fund holdings, which may suggest some caution among institutional investors.