Why is Birla Corpn. falling/rising?

As of 11-Jul, Birla Corporation Ltd's stock price is currently at Rs 1,369.85, reflecting a decrease of Rs 23.55 or 1.69%. The stock has underperformed its sector today by 1.67% and has experienced a consecutive decline over the last two days, totaling a drop of 1.79%. Additionally, the stock touched an intraday low of Rs 1,364.7, which is a decrease of 2.06%. Over the past week, the stock has declined by 2.14%, and over the past year, it has generated a return of -14.65%. Despite these declines, the company has shown positive financial results recently, with significant growth in profit before tax and profit after tax compared to previous quarters, and a low debt-equity ratio of 0.50 times, indicating a strong financial position. However, the stock's performance has been negatively impacted by a year-over-year profit decline of 21.8%.
In the broader market context, the Sensex has also shown a slight decline of 1.12% over the past week, indicating that the market sentiment is generally bearish. While Birla Corporation's year-to-date return of 11.42% outperforms the Sensex's 5.58%, the recent short-term performance suggests a divergence from the benchmark, particularly in the last month where the stock has fallen by 0.81% compared to a near flat performance of the Sensex. The rising investor participation, with a significant increase in delivery volume, suggests some underlying interest in the stock, but the overall negative returns and recent performance trends indicate that investors may be cautious amid the recent declines.