Why is ACC falling/rising?

As of 31-Jul, ACC Ltd's stock price is currently at 1,788.50, reflecting a decrease of 22.2 points or 1.23%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 2.33% during this period. It is also trading close to its 52-week low, just 0.75% away from Rs 1,775.05. Over the past year, ACC has generated a return of -30.95%, significantly underperforming against the benchmark, the Sensex, which has shown a slight decline of only 0.68%. Despite a low debt-to-equity ratio and a favorable return on equity of 12.5, the company has reported flat results in its latest quarter, with a significant drop in profit after tax compared to previous quarters, contributing to the stock's downward movement.
In the broader market context, ACC's recent performance has been notably weaker than the Sensex, which has declined by only 1.22% over the past week, while ACC's decline stands at 5.54%. The stock's consistent underperformance over the last three years, coupled with a high institutional holding of 28.94%, suggests that while institutional investors may recognize the company's attractive valuation, they are also cautious due to its recent financial results. The stock's trading below all major moving averages further indicates a bearish trend, which may deter potential investors despite the rising delivery volume, suggesting a liquidity that could be leveraged if market sentiment shifts positively.