Why is Kajaria Ceramics falling/rising?

As of 11-Jul, Kajaria Ceramics Ltd. is currently priced at 1,170.00, reflecting a decline of 13.2 points or 1.12%. Despite this drop, the stock has shown positive performance over the past week, with a return of 1.73%, and a notable increase of 10.95% over the past month. Today's price summary indicates that the stock outperformed its sector by 0.4%, although it has experienced a trend reversal after two consecutive days of gains. Kajaria Ceramics is trading above its moving averages across various time frames, and there has been a rise in investor participation, evidenced by a 23.4% increase in delivery volume compared to the five-day average. However, the company has faced challenges, including negative results for the last four consecutive quarters and a significant decline in profits, which may be contributing to the current price movement.
In the broader market context, while the stock has outperformed the sector recently, it has underperformed the benchmark over the past year, generating a return of -16.82% compared to the Sensex's gain of 3.26%. This underperformance is compounded by the company's poor long-term growth metrics, including low sales growth and declining operating profit. Additionally, the stock's high valuation relative to its peers, combined with a low return on equity and negative quarterly results, suggests that investor sentiment may be cautious. Thus, despite some positive short-term indicators, the overall outlook for Kajaria Ceramics appears to be weighed down by its recent financial performance and market position.