Why is Deccan Cements falling/rising?

As of 22-Jul, Deccan Cements Ltd. is currently priced at 1,064.00, reflecting a slight increase of 1.25 (0.12%). The stock opened the day with a loss of -2.14%, reaching an intraday high of Rs 1089.2 (up 2.49%) and a low of Rs 1040 (down 2.14%). Despite this volatility, the stock has shown strong performance over various periods, with a 1-year return of 63.67%, significantly outperforming the Sensex, which has only increased by 2.09% in the same timeframe. However, it is important to note that the stock's profits have fallen by -84.2%, which raises concerns despite its market-beating performance. Additionally, the stock is trading at a discount compared to its peers' historical valuations, indicating a fair valuation, but the recent drop in delivery volume by -80.13% suggests a decline in investor participation.
In the broader market context, Deccan Cements has outperformed the benchmark indices over the short term, with a 1-week return of +18.54% compared to the Sensex's -0.47%. This trend of strong performance is evident in the stock's year-to-date return of +68.66%, while the Sensex has only gained +5.18%. The stock's liquidity remains adequate for trading, which may support its price stability. However, the significant drop in delivery volume could indicate a potential shift in investor sentiment, which may affect future price movements. Overall, while the stock has shown resilience and strong returns, the recent profit decline and falling investor participation could pose challenges ahead.