Why is Birla Corpn. falling/rising?

As of 18-Jul, Birla Corporation Ltd is currently priced at 1,413.70, reflecting a decrease of 2.6 points or 0.18%. The stock has experienced a trend reversal, falling after three consecutive days of gains. Despite this recent decline, the stock has shown positive performance over the past week and month, with returns of 3.20% and 5.95%, respectively. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally bullish trend. The company has recently reported positive results after two quarters of losses, with a notably low debt-equity ratio of 0.50 times and high operating profit to interest ratio of 7.29 times, which may support investor confidence despite the recent price drop.
In the broader market context, Birla Corporation's performance has outpaced the Sensex over the past week and month, with the benchmark showing declines of 0.90% and a slight increase of 0.38%, respectively. The stock's year-to-date return of 14.99% also significantly exceeds the Sensex's 4.63%. However, the stock has underperformed over the past year with a return of -8.82%, while the Sensex has gained 0.51%. The high institutional holdings at 21.87% suggest that knowledgeable investors are backing the stock, which may provide some stability despite the recent price fluctuations.