Why is UPL falling/rising?

As of 25-Jul, UPL Ltd. is currently priced at 723.50, reflecting a decrease of 2.1 (-0.29%). The stock has been experiencing a slight decline, having fallen for the last two days, resulting in a total drop of -0.62% during this period. Despite this recent downturn, UPL has shown strong performance over the past week and month, with returns of +5.25% and +11.21%, respectively. The stock is trading close to its 52-week high, just 0.94% away from Rs 730.3. However, there has been a notable decline in investor participation, with delivery volume dropping by -44.04% compared to the five-day average, which may be contributing to the recent price movement. UPL's strong fundamentals, including a significant growth in operating profit and a favorable valuation compared to peers, suggest that the stock remains a strong buy despite the current price decline.
In the broader market context, UPL's performance has outpaced the benchmark, as evidenced by its +36.52% return over the past year compared to the Sensex's +1.78%. This indicates that while UPL is currently facing a minor setback, it has been able to deliver substantial returns relative to the market. The overall market has shown negative returns recently, with the BSE500 down -0.19% in the last year, further highlighting UPL's resilience. However, the company's high Debt to EBITDA ratio and low profitability per unit of shareholders' funds are potential risks that could affect its long-term growth prospects, which investors may be weighing against its recent performance.