Why is JK Lakshmi Cem. falling/rising?

As of 15-Jul, JK Lakshmi Cement Ltd's stock price is rising, currently at Rs 976.50, reflecting an increase of Rs 5.5 or 0.57%. The stock has shown strong performance over the past month, with a return of +17.71%, significantly outperforming the Sensex, which only gained +1.79%. Today's trading saw the stock reach an intraday high of Rs 1003.45, just 3.15% away from its 52-week high of Rs 1007.25. Despite a decline in investor participation, as evidenced by a 71.79% drop in delivery volume, the stock's high management efficiency, low debt levels, and positive quarterly results have contributed to its upward movement.
In the broader market context, JK Lakshmi Cement's recent performance contrasts favorably with the benchmark, as it has outperformed the Sensex by 0.52% today. The stock's long-term performance is also noteworthy, having generated a return of +128.93% over the past three years, compared to the Sensex's +53.59%. The company's high institutional holdings at 37.31% indicate strong confidence from knowledgeable investors, further supporting its price increase. However, the stock faces risks due to poor long-term growth, as indicated by a -0.46% annual growth rate in operating profit over the last five years, which could temper future performance.