Why is India Cements falling/rising?

As of 24-Sep, India Cements Ltd is experiencing a price increase, currently at Rs 385.00, reflecting a change of 3.15 (0.82%) upward. The stock has shown a trend reversal, gaining after four consecutive days of decline, and it outperformed its sector by 1.84% today. Despite a recent drop of 5.41% over the past week, the stock has generated a positive return of 2.35% over the last month and 5.62% over the past year, indicating a strong long-term performance compared to the BSE500. However, the company faces challenges, including weak long-term fundamental strength with a significant decline in operating profits and a negative EBITDA, which may impact investor sentiment.
In the broader market context, while India Cements has outperformed the Sensex in the short term, the benchmark index has only declined by 1.18% over the past week, indicating that the stock's recent rise is somewhat isolated from broader market trends. The company's liquidity remains adequate for trading, but falling investor participation, as evidenced by a 25.58% drop in delivery volume, raises concerns about sustained interest in the stock. Overall, while the stock is currently rising, its long-term fundamentals and recent performance metrics suggest a complex outlook that investors should consider.