Why is Hindalco Inds. falling/rising?

As of 07-Jul, Hindalco Industries Ltd is experiencing a decline in its stock price, currently at 692.50, which reflects a decrease of 6.85 points or 0.98%. Today's price summary indicates that the stock's performance is in line with its sector, although it is trading higher than the 20-day, 50-day, 100-day, and 200-day moving averages, but lower than the 5-day moving average. Notably, there has been a significant drop in investor participation, with delivery volume falling by nearly 50% compared to the 5-day average. Over the past week, the stock has decreased by 0.36%, while it has shown a positive return of 6.56% over the past month. Despite a year-to-date increase of 15.09%, the stock has underperformed the benchmark Sensex, which has gained 6.79% in the same period.
In the broader market context, while Hindalco's recent performance has been relatively strong over the longer term, the short-term decline contrasts with the benchmark's slight decrease of 0.20% over the past week. The company has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 15.08% and a notable rise in net profit of 41.51%. Additionally, Hindalco has maintained a strong operational performance, with positive results for the last six consecutive quarters. However, the current drop in stock price may be attributed to reduced investor participation and market sentiment, despite the company's solid fundamentals and high institutional holdings, which suggest that the stock remains attractive for long-term investors.