Why is Aditya Birla Cap falling/rising?

As of 14-Aug, Aditya Birla Capital Ltd's stock price is rising, currently at 272.85, reflecting an increase of 3.85 (1.43%). The stock has been gaining for the last two days, with a total return of 1.83% during this period. It is currently 4.12% away from its 52-week high of Rs 284.1 and has outperformed its sector by 1.03%. Over the past month, the stock has shown a modest increase of 0.50%, while its year-to-date performance stands at an impressive 53.37%. Despite a slight decline in profits of -0.1% over the past year, the stock's strong long-term fundamentals, indicated by an average Return on Equity (ROE) of 13.22%, and increased participation from institutional investors, who now hold 19.21% of the company, contribute positively to its recent price movement.
In the broader market context, Aditya Birla Capital's short-term performance contrasts with the benchmark, as it has gained 1.43% today while the Sensex has only decreased by 0.03% over the past week. The stock's performance over the last year has significantly outpaced the Sensex, generating a return of 34.08% compared to the benchmark's 1.89%. This market-beating performance, coupled with a favorable valuation and strong institutional interest, supports the stock's upward trajectory despite some risks, such as a high debt-equity ratio of 4.61 times and a recent decline in delivery volume.