Why is Birla Corpn. falling/rising?

As of 06-Oct, Birla Corporation Ltd's stock price is currently at 1,194.75, reflecting a decline of 12.15 points or 1.01%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 2.05% during this period. It has also underperformed its sector by 1.09% today. The stock has shown high volatility, with an intraday range of Rs 169.8, touching a high of Rs 1345 and a low of Rs 1175.2. Over the past week, the stock has decreased by 1.75%, and over the past month, it has dropped 6.73%, while its year-to-date performance shows a decline of 2.82%. Despite positive financial results, such as a significant growth in profit before tax and a low debt-equity ratio, the stock's high Debt to EBITDA ratio and poor long-term growth prospects have contributed to its recent decline.
In the broader market context, Birla Corporation's short-term performance has lagged behind the Sensex, which has gained 1.77% over the past week and 1.34% over the past month. The stock's year-to-date performance is also notably worse than the benchmark, which has increased by 4.67%. This underperformance is compounded by the company's low return on equity and declining operating profit growth, which have raised concerns among investors. Although there has been an increase in institutional holdings, indicating some confidence in the company's fundamentals, the overall sentiment remains cautious due to the stock's inability to generate positive returns in both the near and long term.