Why is UPL PP falling/rising?

As of 30-Jul, UPL Ltd Partly Paidup's stock price is currently at Rs. 530.50, reflecting a decrease of Rs. 4.5 or 0.84%. The stock has recently shown strong performance, with a 1-week return of 5.26% and a 1-month return of 23.37%. However, today it has underperformed its sector by 1.31% and has experienced a trend reversal after two consecutive days of gains. The stock reached a new 52-week high of Rs. 563.85 earlier today but also saw significant volatility, with an intraday high of Rs. 563.85 and a low of Rs. 521.3. Despite this, UPL PP is trading above its moving averages, and there has been a notable increase in investor participation, with delivery volume rising by 201.17% compared to the 5-day average.
In the broader market context, while UPL PP has had a remarkable year-to-date return of 135.94%, the benchmark Sensex has only increased by 4.28% during the same period. This indicates that UPL PP has significantly outperformed the market overall. However, the stock's recent decline today may reflect profit-taking after reaching a high and the high volatility observed. The stock's liquidity remains adequate for trading, which could help stabilize its price in the face of fluctuations.