Why is JK Lakshmi Cem. falling/rising?

As of 10-Jul, JK Lakshmi Cement Ltd's stock is currently priced at 973.05, reflecting a decrease of 6.85 points or 0.7%. The stock has been experiencing a decline, having fallen for the last two consecutive days, resulting in a total return of -0.71% during this period. Despite this recent downturn, the stock has shown strong performance over the past month, with a return of 16.28%, and has outperformed the benchmark Sensex, which only increased by 0.97%. The stock is currently 3.42% away from its 52-week high of Rs 1006.3. However, there has been a notable drop in investor participation, with delivery volume decreasing by 85.4% against the 5-day average, which may be contributing to the recent price decline.
In the broader market context, while JK Lakshmi Cement has demonstrated strong long-term performance, outperforming the BSE500 over the last three years and generating a 9.76% return in the past year, the recent drop in stock price may be attributed to a combination of falling investor interest and a lack of growth momentum, as indicated by a poor long-term growth rate in operating profit. The company's high management efficiency and strong ability to service debt, along with high institutional holdings, suggest a solid foundation; however, the negative trend in recent returns and declining investor participation could be causing market apprehension. Overall, the stock's recent performance reflects a complex interplay of strong fundamentals and short-term market dynamics.