Why is VTM falling/rising?

As of 03-Sep, VTM Ltd's stock price is currently at Rs 67.80, reflecting a decline of Rs 2.83 or 4.01%. Today's price summary indicates that the stock opened with a significant gain of 9.98% but has since underperformed its sector by 4.96%. The stock reached an intraday high of Rs 77.68 and a low of Rs 66.21, showcasing high volatility with a wide trading range of Rs 11.47. Over the past week, the stock has shown a positive return of 3.43%, but it has experienced a substantial decline of 33.00% over the past month. Despite the recent downturn, the company has demonstrated strong fundamentals, including a low debt-to-equity ratio and significant growth in operating profit and net sales, which may support its long-term valuation.
In the broader market context, while VTM Ltd has generated a remarkable return of 129.40% over the past year, the benchmark Sensex has seen a slight decline of 2.41%. This indicates that VTM has outperformed the market significantly in the long term, even as it faces short-term challenges. The recent increase in institutional investor participation, which has risen by 0.86%, suggests a positive outlook among more sophisticated investors, potentially stabilizing the stock in the future. However, the current decline in price, coupled with high volatility and reduced delivery volume, indicates that investor sentiment may be cautious in the short term.