Why is United Breweries falling/rising?

As of 28-Aug, United Breweries Ltd. is experiencing a slight increase in its stock price, currently at Rs 1,850.00, reflecting a change of 1.9 (0.1%) upward. Despite this minor uptick, the stock has shown a negative performance over the past week and month, with declines of 2.01% and 7.34% respectively. The stock is currently trading 2.16% above its 52-week low and has recently reversed a trend of five consecutive days of decline. However, it is trading below its moving averages across various time frames, indicating a bearish trend. The company has a low debt-to-equity ratio and has shown healthy long-term growth in operating profit, but its valuation appears expensive compared to peers, which may be contributing to investor caution.
In the broader market context, United Breweries has underperformed against the benchmark Sensex, which has seen a decline of 2.34% over the past week and a modest increase of 2.48% year-to-date. The stock's performance has been consistently lower than the benchmark over the last three years, which may affect investor sentiment. Additionally, the significant drop in delivery volume by 74.02% against the five-day average suggests falling investor participation, further complicating the stock's recovery despite its recent positive operating results.