Why is ACC falling/rising?

As of 13-Aug, ACC Ltd's stock price is currently at 1,788.55, reflecting a slight increase of 1.55 (0.09%). The stock has been gaining over the last two days, with a total return of 0.1% during this period. However, it is trading close to its 52-week low, just 0.75% away from Rs 1,775.05, and has underperformed significantly over the past year with a decline of 22.30%. Despite a low debt-to-equity ratio and a favorable return on equity of 12.5%, the company has shown flat results in its latest quarterly earnings, with a year-on-year profit increase of 16.5% not translating into stock price appreciation. Additionally, the stock is trading below all key moving averages, indicating a bearish trend, and there has been a notable decrease in investor participation, with delivery volume dropping by 65.02% against the five-day average.
In the broader market context, ACC's short-term performance has been relatively better than the benchmark, outperforming the sector by 0.45% today, while the Sensex has remained nearly flat with a change of -0.01%. However, over the longer term, ACC has consistently underperformed against the benchmark, with a 12.90% decline year-to-date compared to a 3.07% gain in the Sensex. This consistent underperformance, coupled with high institutional holdings at 28.94%, suggests that while institutional investors may recognize the stock's attractive valuation, the overall market sentiment remains cautious due to the company's recent financial results and historical performance trends.