Why is UltraTech Cem. falling/rising?

As of 01-Sep, UltraTech Cement Ltd's stock price is rising, currently at 12,780.00, reflecting an increase of 142.75 or 1.13%. The stock has been gaining for the last two days, with a total return of 1.86% during this period. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Despite underperforming its sector by 0.25% today, the stock has shown impressive returns over various periods, including a 13.18% increase over the past year and a remarkable 226.73% rise over the last five years. The company's strong ability to service debt, evidenced by a low Debt to EBITDA ratio of 0.72 times, along with healthy long-term growth in net sales at an annual rate of 15.13%, contributes positively to investor sentiment. Additionally, high institutional holdings at 32.63% suggest confidence from knowledgeable investors, further supporting the stock's upward movement.
In the broader market context, UltraTech Cement's short-term performance contrasts with the benchmark, as it has gained 1.47% over the past week while the Sensex has declined by 1.56%. This outperformance highlights the stock's resilience amid a challenging market environment. Furthermore, the company's market-beating performance over the long term, coupled with its significant market capitalization of Rs 3,72,393 crore, reinforces its position as a leader in the sector, constituting 34.41% of the entire industry. However, a noted decline in investor participation, with delivery volume falling by 23.27% against the 5-day average, could pose a concern for future price movements. Overall, the combination of strong fundamentals and recent price trends suggests a positive outlook for UltraTech Cement despite some short-term challenges.