Why is Birla Corpn. falling/rising?

As of 02-Jul, Birla Corporation Ltd is currently priced at 1,350.40, reflecting a slight increase of 1.4 (0.1%). The stock has been gaining for the last four days, with a total return of 2.77% during this period. Despite this recent upward trend, the stock has underperformed its sector by 1.28% today. It has also shown a mixed performance over different time frames, with a 1-week return of +2.35% but a 1-month decline of -1.09%. The company recently reported positive financial results, with significant growth in profit before tax and profit after tax, which may have contributed to the stock's recent gains. Additionally, the low debt-equity ratio and high institutional holdings suggest a stable outlook, although the stock's year-over-year return remains negative at -14.74%.
In the broader market context, Birla Corporation's recent performance has outpaced the Sensex over the past week, where the Sensex only increased by 0.79%. However, the stock's performance over the last month has lagged behind the benchmark, which saw a gain of 2.50%. The liquidity of the stock remains adequate for trading, but there has been a notable decline in delivery volume, indicating reduced investor participation. Overall, while the stock has shown some positive momentum recently, the mixed longer-term performance and declining investor interest may temper its upward trajectory.