Why is Birla Corpn. falling/rising?

As of 25-Jul, Birla Corporation Ltd's stock price is currently at 1,418.65, reflecting a decline of 27.05 points or 1.87%. The stock has been underperforming, having lost 3.05% over the last two days and underperformed its sector by 0.68% today. Despite a positive performance over the past month with a return of 7.52%, the stock has generated a negative return of 6.02% over the past year. The stock is trading above its longer-term moving averages but below its 5-day moving average, indicating some short-term weakness. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 81.74% compared to the 5-day average, which may contribute to the stock's recent decline.
In the broader market context, Birla Corporation's short-term performance contrasts with the Sensex, which has seen a slight decline of 0.36% over the past week. While the stock has shown resilience over a longer timeframe with a 46.88% increase over three years, the recent negative returns and falling investor interest suggest caution among investors. However, the company has reported positive financial results, with substantial growth in profit before tax and profit after tax compared to previous quarters, alongside a low debt-equity ratio, which may provide some support for the stock in the long term. Despite these positive indicators, the recent price movement reflects ongoing challenges in the market.