Why is UltraTech Cem. falling/rising?

As of 08-Jul, UltraTech Cement Ltd's stock price is currently at Rs 12,416.00, reflecting an increase of Rs 69.95, or 0.57%. The stock is trading close to its 52-week high, just 1.32% away from Rs 12,579.4. It is performing well against its moving averages, trading higher than the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Over the past week, the stock has increased by 1.73%, and it has shown a strong performance over the last month with a return of 10.40%. The company has a low Debt to EBITDA ratio of 0.72 times, indicating a strong ability to service debt, and it boasts high institutional holdings at 32.56%, which suggests confidence from knowledgeable investors. Despite a recent decline in delivery volume by 44.19% against the 5-day average, the stock remains liquid enough for significant trades.
In the broader market context, UltraTech Cement's short-term performance has significantly outpaced the benchmark Sensex, which has only increased by 0.02% over the same week. The stock's year-to-date return of 8.72% also surpasses the Sensex's 7.13%, indicating strong relative strength. The company's consistent returns over the past three years, including a 7.18% return in the last year, further highlight its resilience and ability to outperform the broader market. Overall, the combination of strong fundamentals, institutional support, and positive price movements contributes to the stock's rising trend amidst a generally stable market environment.