Why is UPL falling/rising?

As of 05-Jun, UPL Ltd. is experiencing a price increase, currently at 647.00, reflecting a change of 4.55 (0.71%) upward. The stock has outperformed its sector today by 1.2% and has shown consecutive gains over the last two days, with a total return of 1.95% during this period. Despite a decline of 5.79% over the past month, the stock has generated a notable return of 22.48% over the last year, significantly higher than the market's average return of 8.09%. Positive factors contributing to this rise include a substantial growth in operating profit of 67.07% and strong financial metrics such as a high operating profit to interest ratio and significant cash reserves. However, the stock faces challenges, including a high Debt to EBITDA ratio, which indicates a lower ability to service debt, and a modest long-term growth rate in operating profit.
In the broader market context, UPL's short-term performance has been favorable compared to the benchmark, as it has gained 2.30% over the past week while the Sensex has declined by 0.23%. This outperformance suggests that UPL is attracting investor interest despite some underlying risks, such as its high debt levels and relatively low return on equity. The stock's technical indicators are also in a mildly bullish range, supported by high institutional holdings, which may provide additional confidence to investors. Overall, while the stock has shown resilience and positive momentum recently, it is essential to consider the potential risks that could impact its future performance.