Why is ACC falling/rising?

As of 11-Aug, ACC Ltd's stock price is currently at 1,786.70, reflecting a decrease of 1.75, or 0.1%. The stock has been underperforming, as indicated by its performance today, where it has fallen 2.4% over the last three days and is trading close to its 52-week low, just 0.65% away from Rs 1,775.05. Additionally, it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Despite having a low debt-to-equity ratio and a relatively attractive valuation with a Price to Book Value of 1.8, the stock has generated a significant return of -24.00% over the past year, even as profits increased by 16.5%. The recent flat results in June, with a PAT decline of 35.1% compared to the previous four-quarter average, have also contributed to the negative sentiment surrounding the stock. In the broader market context, ACC's short-term performance has been better than the benchmark, with a 1-week return of -0.19% compared to the Sensex's -0.51%. However, the stock has consistently underperformed against the benchmark over the last three years, which has likely affected investor confidence. The high institutional holdings at 28.94% suggest that knowledgeable investors are involved, but the overall trend of declining investor participation, as evidenced by a 76.81% drop in delivery volume, indicates a lack of retail interest. This combination of factors, including recent poor financial results and ongoing underperformance relative to the market, has contributed to the stock's downward movement.