Why is UltraTech Cem. falling/rising?

As of 15-Jul, UltraTech Cement Ltd is experiencing a slight increase in its stock price, currently at Rs 12,495.00, reflecting a change of 6.0 (0.05%) upward. The stock is trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, the stock is close to its 52-week high, just 1.35% away from Rs 12,663.7. Over the past month, UltraTech Cement has shown a strong performance with a return of 11.35%, significantly outperforming the Sensex, which has only returned 1.79%. The company also boasts a low Debt to EBITDA ratio of 0.72 times, strong institutional holdings at 32.56%, and consistent returns over the last three years, all contributing to a favorable outlook for the stock.
In the broader market context, UltraTech Cement's recent performance stands out as it has gained 0.64% over the past week while the Sensex has declined by 1.36%. This divergence highlights the stock's resilience amidst a broader market downturn. The liquidity of the stock is also favorable, with a delivery volume increase of 22.08% against the 5-day average, suggesting rising investor participation. Overall, the combination of strong fundamentals, consistent returns, and positive market sentiment surrounding the company supports the recent upward movement in UltraTech Cement's stock price.