Why is UPL falling/rising?

As of 09-Sep, UPL Ltd. is experiencing a decline in its stock price, currently at 702.95, reflecting a decrease of 3.05 points or 0.43%. Today's performance indicates that the stock has underperformed its sector by 0.35%, with a delivery volume that has fallen by 13.04% compared to the 5-day average. Over the past week, the stock has decreased by 0.92%, while it has shown a positive return of 2.09% over the last month. Despite a strong year-to-date performance of 40.03%, the stock's recent movement is influenced by its high Debt to EBITDA ratio of 2.67, which raises concerns about its ability to service debt, alongside a low average Return on Equity of 9.41%. However, the company has reported positive results over the last three quarters, with significant profit growth and high institutional holdings, which typically indicate confidence in the stock.
In the broader market context, while UPL has generated a return of 16.20% over the past year, the benchmark Sensex has experienced a slight decline of 0.56%. This suggests that UPL has outperformed the market overall, yet its recent underperformance relative to the sector and declining investor participation may be contributing to the current price drop. The stock's moving averages indicate it is trading higher than the 50-day, 100-day, and 200-day averages, but lower than the 5-day and 20-day averages, which may signal a shift in momentum. Overall, while UPL has shown strong fundamentals and market-beating performance historically, current concerns regarding debt levels and declining trading activity are impacting its stock price negatively.