Why is India Cements falling/rising?

As of 28-Aug, India Cements Ltd is experiencing a slight increase in its stock price, currently at Rs 383.15, reflecting a change of 0.45 (0.12%) upward. The stock has shown a positive performance over the last month, with a return of +7.48%, while it has outperformed the sector by 0.94% today. Despite a recent decline in investor participation, as indicated by a -53.58% drop in delivery volume compared to the 5-day average, the stock has been gaining for the last three days, accumulating a total return of 1.86%. However, the company faces significant challenges, including a weak long-term fundamental strength with a -216.07% CAGR growth in operating profits over the last five years and a negative EBITDA, which raises concerns about its profitability and ability to service debt.
In the broader market context, India Cements has outperformed the benchmark Sensex in the short term, with a 1-week return of -2.06% compared to the Sensex's -2.34%. While the stock has shown resilience with consistent returns over the last three years, it is important to note that its profits have fallen by -48.1% over the past year, which may contribute to investor caution. The stock's current price is also 4.48% away from its 52-week high, indicating potential upward momentum, but the underlying financial weaknesses could temper investor enthusiasm moving forward.