Why is Birla Corpn. falling/rising?

As of 14-Jul, Birla Corporation Ltd's stock price is currently at 1,366.30, reflecting a decrease of 3.55 points or 0.26%. The stock has been underperforming, having lost 2.04% over the last three days and is currently lower than its sector by 0.54%. Despite touching an intraday high of Rs 1399, the stock's delivery volume has decreased significantly by 23.43% compared to the 5-day average, indicating a decline in investor participation. Over the past year, the stock has generated a negative return of 14.39%, while profits have fallen by 21.8%. However, the company has recently declared positive results after two consecutive negative quarters, showcasing a low debt-equity ratio and high operating profit to interest ratio, which may provide some support to the stock's valuation.
In the broader market context, Birla Corporation's performance over the past week shows a decline of 0.97%, while the Sensex has fallen by 1.42%, indicating that the stock has outperformed the benchmark in this short timeframe. Despite this, the stock's year-to-date return of 11.13% significantly surpasses the Sensex's 5.27%, suggesting a stronger performance relative to the market overall. The high institutional holdings at 21.87% may also indicate confidence from more knowledgeable investors, which could stabilize the stock in the face of recent declines. However, the overall negative sentiment reflected in the recent price movements and declining participation suggests that investors are cautious about the stock's near-term prospects.