Why is ACC falling/rising?

As of 04-Aug, ACC Ltd's stock price is currently at 1,790.15, reflecting a decrease of 4.45 points or 0.25%. The stock has underperformed significantly, with a 1-week return of -1.96% and a 1-month return of -8.85%, while the benchmark Sensex has shown a slight increase of 0.16% over the same week. Additionally, ACC is trading close to its 52-week low, just 0.84% away from Rs 1,775.05, and is below its moving averages across various time frames. The company has also seen a notable decline in investor participation, with delivery volume dropping by 48.62% compared to the 5-day average. Despite having a low debt-to-equity ratio and attractive valuation metrics, the stock's recent performance has been negatively impacted by flat quarterly results and consistent underperformance against benchmarks.
In the broader market context, ACC's recent performance contrasts sharply with the Sensex, which has gained 3.69% year-to-date, while ACC has declined by 12.83% in the same period. This underperformance is compounded by the company's flat PAT results and the lowest dividend payout ratio in recent years, which raises concerns among investors. Although high institutional holdings at 28.94% suggest some level of confidence in the company's fundamentals, the persistent decline in stock price and returns over the past year indicate a lack of momentum compared to the broader market.