Why is Deccan Cements falling/rising?

As of 15-Jul, Deccan Cements Ltd. is experiencing a price increase, currently at Rs 897.60, reflecting a rise of Rs 32.6 or 3.77%. The stock has shown a positive trend today, outperforming its sector by 3.72% and reversing a three-day streak of declines. It reached an intraday high of Rs 899, and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has gained 2.15%, and it has delivered a remarkable 21.96% return over the past month, significantly outperforming the Sensex, which has seen a decline of 1.36%. However, it is important to note that despite a strong performance, the stock's delivery volume has decreased by 10.86% compared to the 5-day average, indicating a potential concern regarding investor participation.
In the broader market context, Deccan Cements has consistently outperformed the benchmark indices over various time frames, including a 33.27% return over the past year compared to the Sensex's 2.36%. This strong performance is complemented by the stock trading at a discount relative to its peers, suggesting a fair valuation despite a significant drop in profits of 84.2% over the same period. The company's return on capital employed (ROCE) stands at 0.6, which, while indicating a hold recommendation, reflects the stock's ability to generate returns that exceed the broader market's performance in both the short and long term.