Why is UltraTech Cem. falling/rising?

As of 13-Aug, UltraTech Cement Ltd's stock price is currently at 12,396.65, reflecting a decrease of 74.35 points or 0.6%. The stock has recently experienced a trend reversal, falling after two consecutive days of gains. Despite this decline, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend. The stock's performance over the past week shows a gain of 1.40%, while it has underperformed slightly over the past month with a decline of 0.85%. However, it has shown strong annual growth, with a return of 10.28% over the last year. The company maintains a healthy financial position with a low Debt to EBITDA ratio of 0.72 times and has demonstrated consistent growth in net sales at an annual rate of 15.13%. High institutional holdings at 32.63% suggest confidence from knowledgeable investors, which may support the stock's stability.
In the broader market context, UltraTech Cement's recent performance contrasts with the Sensex, which has seen a slight decline of 0.01% over the past week. While the stock has outperformed the benchmark in terms of longer-term returns, including an 8.55% gain year-to-date compared to the Sensex's 3.07%, the current short-term decline may reflect broader market sentiments or profit-taking after recent gains. The stock's liquidity is also favorable, with a delivery volume increase of 52.75% against the 5-day average, indicating rising investor participation. Overall, while the stock is facing a short-term decline, its strong fundamentals and historical performance suggest a resilient position in the market.