Why is Heidelberg Cem. falling/rising?

As of 04-Aug, HeidelbergCement India Ltd's stock price is currently at Rs 213.10, reflecting an increase of Rs 2.3 or 1.09%. The stock has shown a trend reversal, gaining after three consecutive days of decline, and reached an intraday high of Rs 216, marking a 2.47% increase. Despite a one-month decline of 2.38%, the stock has performed positively in the short term, with a weekly return of 1.04%. The company boasts a high dividend yield of 3.77%, which may attract investors, although it has faced challenges with a -6.41% return over the past year and a significant profit drop of -25.9%. The stock is trading at a premium compared to its peers, and while it has a low debt-to-equity ratio, the long-term growth outlook appears poor due to a consistent decline in operating profit.
In the broader market context, the stock's recent performance has outpaced the benchmark Sensex, which has only increased by 0.16% over the past week. However, over the longer term, HeidelbergCement India Ltd has underperformed against the benchmark, with a three-year return of +13.90% compared to the Sensex's +38.97%. This consistent underperformance, coupled with flat results and a low debtors turnover ratio, suggests that while there may be short-term gains, the overall sentiment remains cautious due to the company's declining profitability and growth prospects.