Why is Heidelberg Cem. falling/rising?

As of 15-Jul, HeidelbergCement India Ltd's stock price is currently at 212.45, reflecting a decrease of 2.6 points or 1.21%. The stock has underperformed its sector today by 1.26%, following a trend reversal after two consecutive days of gains. Despite this decline, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend. Additionally, the stock has seen a significant increase in delivery volume, rising by 261.45% against the 5-day average, and boasts a high dividend yield of 3.72%. However, the stock has generated a negative return of -5.54% over the past year, coinciding with a 36.4% decline in profits, which may contribute to investor caution.
In the broader market context, HeidelbergCement's short-term performance has been relatively better than the benchmark, with a 1-week return of +0.24% compared to the Sensex's -1.36%. This suggests that while the stock is experiencing a decline today, it has shown resilience in the short term relative to the overall market. Institutional investors have increased their stake in the company, indicating a level of confidence in its fundamentals, despite the recent profit drop. The company's low debt-to-equity ratio and positive operating results from the last quarter may also support its valuation, but the overall negative sentiment from the past year's performance could be weighing on the stock's current price movement.