Why is JK Lakshmi Cem. falling/rising?

As of 04-Sep, JK Lakshmi Cement Ltd is currently priced at 940.00, reflecting a decrease of 21.0 points or 2.19%. The stock has underperformed its sector today, with a performance drop of 1.9%. It reached an intraday high of Rs 990.85 but also fell to a low of Rs 926.95, indicating significant volatility. Over the past week, the stock has shown a positive return of 3.52%, although it has declined by 1.15% over the past month. Despite a strong year-to-date return of 12.89% and a notable 19.34% increase over the last year, the stock's profits have decreased by 20.8%, which may be contributing to the current price decline. Additionally, the falling investor participation, with a 20.21% drop in delivery volume, suggests reduced interest among investors.
In the broader market context, the stock's short-term performance has outpaced the Sensex, which has only gained 0.80% over the past week. However, the overall market sentiment may be affected by the stock's recent profit decline and the high institutional holdings, which have increased by 0.61% in the previous quarter, indicating confidence from larger investors. The company's strong management efficiency and ability to service debt are positive factors, but the recent underperformance against sector benchmarks and the volatility in trading may be causing concern among retail investors, leading to the current price drop.