Why is JK Lakshmi Cem. falling/rising?

As of 18-Jul, JK Lakshmi Cement Ltd's stock price is currently at Rs 986.80, reflecting a decrease of Rs 15.15 or 1.51%. Despite this decline, the stock has shown positive performance over the past week, with a return of 1.21%, and a significant increase of 21.50% over the past month. The stock is currently trading close to its 52-week high, just 2.45% away from Rs 1011. However, it underperformed its sector today by 1.25% and touched an intraday low of Rs 980. The stock is trading above its moving averages, indicating a generally positive trend, and has seen a rise in investor participation with a delivery volume increase of 139.04% compared to the 5-day average. The company has demonstrated high management efficiency and a strong ability to service debt, which supports its valuation despite a recent decline in profits.
In the broader market context, JK Lakshmi Cement's short-term performance has outpaced the Sensex, which has decreased by 0.90% over the past week. The stock has consistently outperformed the benchmark indices over longer periods, including a 14.07% return over the past year compared to the Sensex's 0.51%. However, the company faces risks due to poor long-term growth, as indicated by a negative annual growth rate in operating profit over the last five years. While the stock has high institutional holdings and is rated among the top companies, the recent drop in price may reflect market corrections or investor concerns regarding its declining profit margins despite overall positive performance metrics.