Why is Aditya Birla Cap falling/rising?

As of 17-Sep, Aditya Birla Capital Ltd's stock price is currently at Rs 285.00, reflecting a decline of Rs 4.9 or 1.69%. The stock has been underperforming recently, having fallen for the last three consecutive days, resulting in a total decline of 2.18%. Despite this short-term downturn, the stock has shown positive performance over the past month with a return of 4.45%, and it has significantly outperformed the benchmark Sensex over the year with a return of 26.75%. However, the stock is currently 3.49% away from its 52-week high of Rs 294.95. The stock's fundamentals remain strong, with a solid average Return on Equity (ROE) of 13.22%, and institutional investors have increased their stake, indicating confidence in the company's long-term prospects.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has gained 1.56% over the past week. While Aditya Birla Capital has shown strong long-term performance, its recent decline may be attributed to a combination of market dynamics and a high debt-equity ratio of 4.61 times, which raises concerns about financial stability. Despite the recent price drop, the stock's liquidity remains adequate, and increased participation from institutional investors suggests a potential for recovery, although the current underperformance against the sector may weigh on investor sentiment in the short term.