Why is UPL PP falling/rising?

As of 08-Jul, UPL Ltd Partly Paidup is experiencing a decline in its stock price, currently at Rs 449.60, which reflects a decrease of Rs 6.35 or 1.39%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 2.22% during this period. Additionally, the stock's performance today has underperformed its sector by 0.73%. Despite this, UPL PP has shown strong returns over the past month, with a gain of 6.48%, and an impressive year-to-date increase of 99.96%. However, there has been a significant drop in investor participation, with delivery volume falling by 82.81% compared to the five-day average, indicating a potential lack of confidence among investors.
In the broader market context, UPL PP's short-term performance of 1.17% over the past week contrasts with the Sensex, which has only increased by 0.02%. This suggests that while UPL PP has outperformed the benchmark in the short term, the recent decline may be influenced by broader market sentiments or sector-specific challenges. The stock remains liquid enough for trading, but the falling investor participation could be a concern for future price movements. Overall, the combination of recent price declines, reduced trading volume, and the stock's relative performance against the benchmark indicates a cautious outlook for UPL PP.