Why is UltraTech Cem. falling/rising?

As of 24-Jul, UltraTech Cement Ltd's stock price is currently at Rs 12,268.00, reflecting a decrease of Rs 101.85 or 0.82%. The stock has been underperforming recently, having fallen for the last three consecutive days, resulting in a total decline of 2.32%. Although the stock is close to its 52-week high, being just 3.62% away, it has underperformed its sector by 0.47% today. In terms of returns, the stock has shown a positive trend over the longer term, with a 5.95% increase over the past month and a significant 90.07% rise over the last three years. The company maintains a strong ability to service its debt, evidenced by a low Debt to EBITDA ratio of 0.72 times, and has healthy long-term growth with net sales growing at an annual rate of 15.13%. Additionally, high institutional holdings at 32.56% indicate confidence from knowledgeable investors, which may help stabilize the stock despite recent declines.
In the broader market context, UltraTech Cement's short-term performance has been notably weaker compared to the benchmark Sensex, which has only declined by 0.09% over the past week while the stock itself has dropped by 1.79%. This suggests that the stock's recent struggles may be more related to company-specific factors rather than a broader market downturn. The falling investor participation, indicated by an 18.22% decrease in delivery volume against the five-day average, could also be contributing to the stock's downward pressure. Despite these challenges, the company's strong market position, accounting for 33.78% of its sector, and consistent returns over the past three years provide a foundation for potential recovery in the future.