Why is UPL PP falling/rising?

As of 25-Jul, UPL Ltd Partly Paidup is experiencing a decline in its stock price, currently at Rs. 496.25, which reflects a decrease of Rs. 11.75 or 2.31%. The stock has recently hit a new 52-week high of Rs. 508 but has fallen after four consecutive days of gains. Today's performance indicates that it underperformed its sector by 2.26%, and the stock touched an intraday low of Rs. 492.2. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 55.75% compared to the five-day average. Despite these challenges, the stock has shown strong performance over the past week and month, with returns of 5.92% and 16.44%, respectively.
In the broader market context, while UPL Ltd has outperformed the Sensex in the short term, with a 1-week return of 5.92% compared to the benchmark's -0.36%, the recent decline suggests a potential trend reversal. The stock's liquidity remains adequate for trading, but the falling investor participation may indicate waning interest, which could contribute to the current price drop. Overall, while UPL Ltd has shown impressive year-to-date returns of 120.70%, the recent price movement reflects a combination of profit-taking after a strong rally and reduced trading activity.