Why is UltraTech Cem. falling/rising?

As of 16-Jul, UltraTech Cement Ltd's stock price is currently at Rs 12,442.05, reflecting a decrease of Rs 52.95, or 0.42%. The stock has shown a mixed performance recently, underperforming its sector by 0.31% today, although it is only 1.78% away from its 52-week high. Over the past month, the stock has gained 8.30%, significantly outperforming the Sensex, which rose by only 1.02%. Despite this recent decline, the company has demonstrated strong financial health with a low Debt to EBITDA ratio of 0.72 times and high institutional holdings at 32.56%, indicating confidence from larger investors. Additionally, the stock has consistently generated returns over the last three years, outperforming the BSE500 in each of the last three annual periods.
Broader Market Context: In the short term, UltraTech Cement's performance has been slightly better than the benchmark, as it has gained 8.30% over the past month compared to the Sensex's 1.02% increase. However, the stock's recent decline may be attributed to falling investor participation, as evidenced by a significant drop in delivery volume, which fell by 49.7% against the 5-day average. This decline in trading activity could indicate a lack of confidence among retail investors, despite the stock's strong fundamentals and historical performance. Overall, while the stock has shown resilience and strong returns over longer periods, the recent price drop may reflect short-term market dynamics and investor sentiment.