Why is JK Lakshmi Cem. falling/rising?

As of 25-Jul, JK Lakshmi Cement Ltd's stock is currently priced at 950.50, reflecting a decline of 30.5 points or 3.11%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 5.84% during this period. Today's trading saw the stock reach an intraday low of Rs 940, indicating a significant drop of 4.18%. In terms of returns, the stock has experienced a 3.68% decrease over the past week, while it has shown a positive performance of 13.49% over the last month. Despite a strong management efficiency indicated by a high ROCE and a low Debt to EBITDA ratio, the stock's recent performance is overshadowed by a decline in profits and a poor long-term growth outlook, with operating profit growth at an annual rate of -0.46% over the last five years.
Broader market context shows that JK Lakshmi Cement's recent performance has significantly lagged behind the benchmark, with the Sensex only declining by 0.36% over the same week. While the stock has outperformed the benchmark over longer periods, such as a 14.15% year-to-date return compared to the Sensex's 4.25%, the recent downturn reflects a combination of falling investor participation and a decrease in delivery volume, which has dropped by 45.2% against the five-day average. This suggests a lack of confidence among investors, despite the company's strong fundamentals and institutional backing, which may not be enough to counteract the negative sentiment driving the stock's current decline.