Why is UltraTech Cem. falling/rising?

As of 30-Jun, UltraTech Cement Ltd is currently priced at 12,072.35, reflecting a decrease of 162.6 points or 1.33%. The stock has recently experienced a trend reversal, falling after six consecutive days of gains. Despite this decline, UltraTech Cement has shown strong performance over various periods, with a 5.47% increase over the past week and a 7.89% increase over the past month. The stock is also trading above its moving averages, indicating a generally positive trend. Additionally, the company has a low Debt to EBITDA ratio of 0.72 times, suggesting a strong ability to service its debt, and high institutional holdings at 32.56% provide confidence in its fundamentals.
In the broader market context, UltraTech Cement's recent performance has outpaced the benchmark Sensex, which has only increased by 2.09% over the past week and 2.65% over the past month. However, the stock underperformed its sector today by 0.86%, which may have contributed to the current price decline. Despite the short-term drop, the company remains the largest in its sector, constituting 34.20% of the industry, and its annual sales account for 19.06% of the sector, indicating a strong market position.