Why is JK Lakshmi Cem. falling/rising?

As of 17-Sep, JK Lakshmi Cement Ltd's stock price is currently at 912.30, reflecting a slight increase of 0.4 (0.04%). The stock has been gaining for the last three days, with a total return of 1.35% during this period. However, it underperformed its sector by 0.95% today. Despite this, the stock has shown strong performance over the past year, generating a return of 16.71%, significantly outperforming the broader market, which has seen negative returns of -0.46%. The company benefits from high management efficiency, a strong ability to service debt, and positive quarterly results, which contribute to its attractive valuation compared to peers. However, it faces risks from poor long-term growth metrics, with net sales and operating profit growth lagging behind.
In the broader market context, while the stock has performed well year-to-date with a return of 9.56%, it has underperformed the Sensex, which has returned 5.83% in the same period. The stock's recent performance indicates a strong institutional backing, with holdings at 37.92%, suggesting confidence in its fundamentals. However, the decline in investor participation, as evidenced by a 14.72% drop in delivery volume, may indicate a cautious sentiment among retail investors. Overall, while JK Lakshmi Cement Ltd has shown resilience and positive growth indicators, the mixed signals from its recent performance and market participation suggest a complex landscape for its stock price movement.