Why is UltraTech Cem. falling/rising?

As of 07-Jul, UltraTech Cement Ltd is experiencing a decline in its stock price, currently at Rs 12,346.05, which reflects a decrease of Rs 148.0 or 1.18%. The stock has recently underperformed its sector by 0.32% and has fallen after four consecutive days of gains. Despite this short-term decline, UltraTech has shown strong performance over longer periods, with a 9.78% increase over the past month and a remarkable 111.47% rise over the last three years. The company maintains a low Debt to EBITDA ratio of 0.72 times, indicating a strong ability to service its debt, and has high institutional holdings at 32.56%, suggesting confidence from knowledgeable investors. However, there has been a notable decrease in investor participation, with delivery volume dropping by 49.63% against the five-day average, which may contribute to the current price movement.
In the broader market context, UltraTech's short-term performance contrasts with the Sensex, which has seen a slight decline of 0.20% over the past week. While UltraTech has outperformed the benchmark in various timeframes, including a 2.27% increase over the past week compared to the Sensex's decline, the recent drop in stock price may reflect broader market sentiments or profit-taking by investors after a period of gains. The stock remains liquid enough for trading, and its strong market position, accounting for 34.49% of the sector, suggests that it could recover from this temporary setback.