Why is VTM falling/rising?

As of 30-Jul, VTM Ltd's stock price is currently at 105.33, reflecting a decrease of 2.14, or 1.99%. The stock has been on a downward trend, having underperformed its sector by 1.98% today and experiencing a consecutive fall over the last five days, resulting in a total decline of 9.59% during this period. Despite this recent downturn, the company has shown strong long-term growth, with a remarkable 269.37% return over the past year and a 51.82% increase year-to-date. Positive factors supporting the stock include a low debt-to-equity ratio, consistent growth in operating profit, and increasing participation from institutional investors, which collectively indicate a healthy outlook. However, the stock's high valuation, reflected in its price-to-book ratio and the disparity between its price performance and profit growth, may be contributing to investor caution.
In the broader market context, VTM Ltd's recent performance contrasts sharply with the benchmark, as it has declined by 9.59% over the past week while the Sensex has only fallen by 1.50%. This significant underperformance may be influencing investor sentiment negatively, especially given the stock's recent liquidity issues, as indicated by a 24.19% drop in delivery volume compared to the five-day average. While the stock has demonstrated strong long-term returns, the current short-term challenges and market conditions appear to be weighing heavily on its price movement.