Why is Birla Corpn. falling/rising?

As of 28-Jul, Birla Corporation Ltd's stock price is currently at 1,433.55, reflecting an increase of 14.9 points or 1.05%. Today's price summary indicates that the stock has outperformed its sector by 1.25% and has experienced a trend reversal after two consecutive days of decline. Despite opening with a loss of 2.3%, the stock reached an intraday high of Rs 1457, demonstrating some recovery. Over the past week, the stock has gained 3.19%, while its performance over the last month shows an increase of 8.67%. Positive financial results declared for March 2025, including significant growth in profit before tax and profit after tax, along with a low debt-equity ratio, contribute to a favorable outlook. However, a notable decline in delivery volume and a year-over-year return of -6.90% indicate some underlying weaknesses.
In the broader market context, Birla Corporation's recent performance contrasts sharply with the Sensex, which has declined by 1.59% over the past week. The stock's year-to-date return of 16.60% significantly outpaces the Sensex's modest gain of 3.52%, suggesting that it is currently attracting investor interest despite some volatility. The increase in institutional holdings, which rose by 0.74% in the previous quarter, further supports the stock's positive momentum, as these investors typically have a deeper understanding of the company's fundamentals compared to retail investors. Overall, while there are some concerns regarding delivery volume and past performance, the recent financial results and institutional support appear to be driving the stock's upward movement.