Why is India Cements falling/rising?

As of 02-Sep, India Cements Ltd is currently priced at 385.80, reflecting an increase of 3.0 (0.78%). The stock has shown a positive performance today, outperforming its sector by 1.04% and has been gaining for the last two days, accumulating a total return of 0.99% during this period. Additionally, the stock is trading close to its 52-week high, being only 3.76% away from Rs 400.3. Over the past week, India Cements has delivered a return of +0.81%, while it has outperformed the benchmark Sensex over the last month with a return of +6.35% compared to the Sensex's -0.55%. However, the company faces challenges with weak long-term fundamental strength, as indicated by a significant decline in operating profits and a negative EBIT to interest ratio, which may impact investor sentiment.
Broader market context shows that while India Cements has performed well in the short term, the overall market sentiment reflected by the Sensex has been negative, with a decline of -0.78% over the past week. Despite the stock's strong performance relative to the benchmark, the broader market's struggles may create headwinds for continued upward momentum. The liquidity of the stock remains adequate, but a notable decrease in delivery volume suggests a potential decline in investor participation, which could affect future price movements. Overall, while the stock is currently rising, underlying weaknesses in financial fundamentals and market conditions could pose risks ahead.