Why is JK Lakshmi Cem. falling/rising?

As of 28-Aug, JK Lakshmi Cement Ltd is experiencing a decline in its stock price, currently at 908.00, which reflects a decrease of 13.05 or 1.42%. The stock has underperformed its sector by 0.6% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 2.29%. Over the past week, the stock has decreased by 3.25%, and in the last month, it has fallen by 2.67%. Despite a strong year-to-date return of 9.04% and a notable 14.17% increase over the past year, the stock's recent performance is hindered by falling investor participation, as evidenced by a significant drop in delivery volume by 36.71% compared to the five-day average. While the company boasts high management efficiency and strong debt servicing capabilities, its profits have declined by 20.8% over the past year, which may be contributing to the current price drop.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has decreased by 2.34% over the past week and 1.00% over the last month. Although JK Lakshmi Cement has outperformed the Sensex in the long term, including a remarkable 88.73% return over the last three years, the short-term underperformance relative to the benchmark suggests that market sentiment may be shifting. The company's high institutional holdings at 37.92% indicate confidence from larger investors, but the recent decline in stock price amidst falling sales growth and operating profit may be causing concern among investors, leading to the current downward trend.