Why is UltraTech Cem. falling/rising?

As of 18-Sep, UltraTech Cement Ltd's stock price is currently at Rs 12,640.00, reflecting a decrease of Rs 90.0 or 0.71%. Today's price summary indicates that the stock has underperformed its sector by 0.62% and has experienced a trend reversal after four consecutive days of gains. Despite this decline, the stock has shown strong performance over the past week with a return of 2.12%, and it has outperformed the benchmark Sensex over various periods, including a 10.68% increase year-to-date. The company benefits from a low Debt to EBITDA ratio of 0.72 times, indicating a strong ability to service its debt, and it has healthy long-term growth with net sales increasing at an annual rate of 15.13%. Additionally, 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 has been favorable compared to the Sensex, particularly over the last week, where it has outperformed the index. However, the stock's current decline may reflect a natural correction after a period of gains, as well as market dynamics affecting investor sentiment. The stock remains liquid enough for trading, and its significant market capitalization of Rs 3,75,127 crore positions it as a leading player in the sector, accounting for 34.04% of the industry. Overall, while the stock is currently facing a slight downturn, its long-term performance and fundamentals suggest resilience in the face of short-term fluctuations.