Why is Hindalco Inds. falling/rising?

As of 05-Aug, Hindalco Industries Ltd is experiencing a decline in its stock price, currently at 685.50, which reflects a decrease of 2.2 points or 0.32%. Today's price summary indicates that the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a generally positive trend. However, there has been a significant drop in investor participation, with delivery volume falling by 58.57% compared to the 5-day average. In terms of performance, the stock has seen a decline of 1.03% over the past week and 1.98% over the past month, although it has shown strong growth year-to-date with a return of 13.93% and a remarkable 68.49% increase over the last three years. The company has reported healthy long-term growth, with net sales and operating profit increasing significantly, and it has consistently delivered positive results over the last six quarters.
In the broader market context, Hindalco's short-term performance has underperformed the benchmark Sensex, which has declined by 0.77% over the past week. Despite this, Hindalco has outperformed the benchmark in the long term, with a 289.82% increase over the past five years compared to the Sensex's 114.29%. The company benefits from high institutional holdings, which indicates confidence from larger investors who can analyze the company's fundamentals effectively. While the stock is currently facing some short-term challenges, including reduced trading volume and a slight price drop, its strong fundamentals and attractive valuation suggest potential for recovery in the future.