Why is Aditya Birla Cap falling/rising?

As of 22-Jul, Aditya Birla Capital Ltd is experiencing a decline in its stock price, currently at 268.90, which reflects a decrease of 1.8 or 0.66%. The stock has underperformed its sector today by 0.45%. Despite this short-term drop, the stock has shown strong performance over the past month with a return of 3.26%, and an impressive year-to-date return of 51.15%. The stock is currently trading above its 50-day, 100-day, and 200-day moving averages, although it is below its 5-day and 20-day moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 88.82% against the 5-day average. However, the stock's profits have slightly declined by 0.1% over the past year, which may contribute to the current price movement.
In the broader market context, the stock's short-term performance has lagged behind the benchmark, with a 1-week return of -0.96% compared to the Sensex's -0.47%. Despite this recent underperformance, Aditya Birla Capital has demonstrated strong long-term fundamental strength, with an average return on equity of 13.22% and an attractive valuation reflected in its price-to-book ratio of 2.3. The stock has consistently outperformed the BSE500 over various time frames, including the last three years and one year, indicating robust market-beating performance in the long term. However, the premium valuation compared to peers and the slight decline in profits may be influencing the current downward pressure on the stock price.