Why is ACC falling/rising?

As of 12-Aug, ACC Ltd's stock price is currently at 1,787.00, reflecting a slight increase of 0.3 (0.02%). The stock has shown a trend reversal by gaining after three consecutive days of decline, although it remains close to its 52-week low, just 0.67% away from Rs 1,775.05. Over the past week, ACC has underperformed with a return of -0.87%, compared to the Sensex's -0.59%. The stock has also faced significant challenges, with a year-to-date return of -12.98% and a one-year return of -23.24%. Despite these declines, the company has a low debt-to-equity ratio and a strong return on equity (ROE) of 12.5%, indicating attractive valuation metrics. However, the stock's performance has been hindered by a flat PAT in the latest quarter and consistent underperformance against benchmarks over the past three years.
In the broader market context, ACC's recent performance has been in line with the sector, but it still lags behind the Sensex, which has gained 2.68% year-to-date. The stock's liquidity appears adequate, but there has been a notable decline in investor participation, with delivery volume dropping by 50.49% against the five-day average. High institutional holdings at 28.94% suggest that knowledgeable investors are backing the stock, yet the overall sentiment remains cautious due to its historical underperformance and recent flat results. This combination of factors contributes to a complex outlook for ACC, as it struggles to regain momentum in a challenging market environment.