Why is UPL falling/rising?

As of 26-Aug, UPL Ltd. is currently priced at 723.45, reflecting a decrease of 0.5, or 0.07%. The stock has recently outperformed its sector by 1.69% and is trading close to its 52-week high, just 2.4% away from Rs 740.8. Despite a slight decline today, UPL has shown a positive trend over the past week with a return of 2.46%, while its performance over the past year has been strong, generating a return of 25.29%. The company has reported positive results for the last three consecutive quarters, with significant growth in operating cash flow and profits, indicating strong fundamentals. However, the high Debt to EBITDA ratio of 2.67 times raises concerns about its ability to service debt, which could impact investor sentiment.
In the broader market context, UPL's recent performance contrasts with the benchmark Sensex, which has declined by 1.05% over the past week. While UPL has demonstrated resilience with a year-to-date return of 44.11% compared to the Sensex's 3.39%, the overall market has faced challenges, as evidenced by the negative returns of -3.87% in the BSE500 over the last year. This suggests that UPL's strong performance is somewhat isolated from broader market trends, highlighting its potential as a solid investment despite the risks associated with its debt levels and long-term growth prospects.