Why is Deccan Cements falling/rising?

As of 18-Nov, Deccan Cements Ltd. is experiencing a decline in its stock price, currently at Rs 835.30, which reflects a decrease of Rs 48.35 or 5.47%. The stock has underperformed its sector by 4.66% today and has been on a downward trend for the last four days, accumulating a total decline of 17.81% during this period. Additionally, the stock is trading below all its moving averages, indicating a bearish trend. Despite a strong performance over the past year with a return of 48.09%, the recent quarterly results showed significant profit growth, which may not be enough to counteract the current negative sentiment reflected in the stock's price movement.
In the broader market context, Deccan Cements' short-term performance is notably poor compared to the benchmark, as it has fallen 15.85% over the past week while the Sensex has gained 0.96%. This stark contrast highlights the stock's struggles despite its strong year-to-date performance of 32.41%, which surpasses the Sensex's 8.36%. The rising investor participation, indicated by a significant increase in delivery volume, suggests that there may be interest in the stock at lower prices, but the overall market sentiment remains cautious. The stock's attractive valuation metrics, including a low PEG ratio and strong profit growth, may provide a foundation for recovery, but current trends indicate that investors are reacting negatively in the short term.