Why is JK Lakshmi Cem. falling/rising?

As of 26-Aug, JK Lakshmi Cement Ltd is experiencing a decline in its stock price, currently at 921.05, which reflects a decrease of 8.25 points or 0.89%. The stock has underperformed its sector by 0.44% today, and its delivery volume has significantly decreased by 49.51% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has dropped by 1.65%, and over the past month, it has decreased by 3.10%. Despite a year-to-date increase of 10.61% and a one-year return of 17.01%, the stock's profits have fallen by 20.8%, which may be contributing to the current downward pressure.
In the broader market context, the Sensex has also seen a decline of 1.05% over the past week and 0.83% over the past month, indicating a challenging environment for stocks in general. However, JK Lakshmi Cement's long-term performance remains strong, outperforming the benchmark over the last three years, one year, and three months. The company benefits from high institutional holdings at 37.92%, which suggests confidence among larger investors despite the recent price drop. The stock's attractive valuation and high management efficiency, alongside its strong ability to service debt, may provide some support against the backdrop of its recent performance challenges.