Why is VTM falling/rising?

As of 08-Sep, VTM Ltd's stock price is currently at Rs 64.42, reflecting an increase of Rs 3.36 or 5.5%. The stock has shown a trend reversal today, gaining after three consecutive days of decline. It reached an intraday high of Rs 65, representing a 6.45% increase, although it also experienced significant volatility, trading in a wide range of Rs 8. Despite this positive movement today, the stock has underperformed in the short term, with a 1-week return of -0.86% compared to the Sensex's +0.53%, and a 1-month return of -29.67% against the benchmark's +1.16%. Additionally, VTM is trading below its moving averages across various time frames, indicating a bearish trend, although rising investor participation suggests some renewed interest.
Broader Market Context: The broader market, represented by the Sensex, has shown a modest positive return over the past week and month, contrasting with VTM's recent struggles. While VTM's long-term performance remains strong with a 1-year return of +116.17% and a 5-year return of +640.46%, the current short-term underperformance highlights a divergence from the overall market trend. This suggests that while VTM has historically been a strong performer, recent volatility and declines may be causing investor caution, particularly in light of the stock's recent price movements and its current position relative to the benchmark.