Why is J K Cements falling/rising?

As of 04-Jul, J K Cements Ltd is experiencing a decline in its stock price, currently at Rs 6,225.50, which represents a decrease of Rs 107.4 or 1.7%. The stock has underperformed its sector today by 1.98% and has fallen after two consecutive days of gains. Despite this recent downturn, the stock has shown strong performance over the past month, with an increase of 11.42%, and impressive long-term returns, including a 45.06% rise over the last year and a staggering 340.60% over the past five years. The company has also reported positive results after two negative quarters, with a high operating profit to interest ratio and a low debt-equity ratio, which may support investor confidence.
In the broader market context, J K Cements' short-term performance has been less favorable compared to the benchmark Sensex, which has declined by only 0.74% over the past week, while J K Cements has dropped by 1.87%. This suggests that while the stock has been strong in the long term, its recent performance is not keeping pace with the market. Additionally, a decrease in investor participation, as indicated by a 14.07% drop in delivery volume, may be contributing to the stock's current decline, despite high institutional holdings that typically provide stability and confidence in the stock's fundamentals.