Why is Birla Corpn. falling/rising?

As of 24-Jul, Birla Corporation Ltd's stock price is currently at 1,445.70, reflecting a decrease of 17.55 points or 1.2%. The stock has recently underperformed its sector by 0.85% and has experienced a trend reversal after two consecutive days of gains. Despite this decline, the stock has shown positive performance over the past week and month, with returns of 2.08% and 12.65%, respectively. However, it has fallen by 5.51% over the past year, coinciding with a significant drop in profits of 21.8%. The company has reported strong financial results, with a notable increase in profit before tax and profit after tax, indicating a recovery after two negative quarters. Additionally, the stock is trading at a discount compared to its peers, supported by a low debt-equity ratio and high institutional holdings, which may provide some stability.
In the broader market context, Birla Corporation's recent performance contrasts with the Sensex, which has shown a slight decline of 0.09% over the past week. The stock's year-to-date return of 17.59% significantly outpaces the Sensex's 5.18%, suggesting that while the stock has been strong overall, recent declines may reflect short-term volatility rather than a fundamental weakness. The falling investor participation, indicated by a 61.17% drop in delivery volume, could also be contributing to the stock's current price movement, as reduced trading activity may lead to increased price sensitivity.