Why is UltraTech Cem. falling/rising?

As of 21-Aug, UltraTech Cement Ltd is experiencing a slight decline in its stock price, currently at Rs. 12,850.00, which reflects a decrease of 10.0 points or 0.08%. Despite this minor drop, the stock has shown strong performance in recent periods, with a 4.49% increase over the past week and a 12.52% rise year-to-date. The stock reached a new 52-week high of Rs. 12,946.8 earlier today, but it has fallen after three consecutive days of gains. Additionally, while the stock is trading above its moving averages, there has been a notable decrease in investor participation, with delivery volume dropping by 26.67% compared to the five-day average. The company's strong fundamentals, including a low Debt to EBITDA ratio of 0.72 times and healthy long-term growth in net sales, support its hold status, indicating that the recent price movement may not reflect underlying weaknesses.
In the broader market context, UltraTech Cement's short-term performance has outpaced the benchmark Sensex, which has only increased by 1.74% over the past week. The stock has consistently outperformed the BSE500 over various time frames, including generating a 14.56% return in the last year. This strong performance is bolstered by high institutional holdings at 32.63%, suggesting confidence from more sophisticated investors. However, the recent decline in price, despite positive long-term growth prospects and market-leading performance, may indicate a temporary market correction or profit-taking by investors after a period of gains.