Why is Orient Cement falling/rising?

As of 23-Jun, Orient Cement Ltd. is experiencing a decline in its stock price, currently at Rs. 226.20, which reflects a decrease of Rs. 3.9 or 1.69%. The stock has hit a new 52-week low of Rs. 225.5 today and has been on a downward trend, losing 25.25% over the past four days. It is trading below all key moving averages, indicating a bearish sentiment. Additionally, the stock has underperformed its sector by 1.64% today. Over the past week, it has seen a significant drop of 21.65%, and year-to-date, it has fallen by 34.19%. While there has been a rise in investor participation, as evidenced by a 55.37% increase in delivery volume, the overall financial performance remains concerning, with negative results reported for the last three consecutive quarters and a poor long-term growth outlook.
In the broader market context, the Sensex has shown a slight increase of 0.12% over the past week, contrasting sharply with Orient Cement's significant decline. This disparity highlights the stock's underperformance relative to the benchmark. The company's financial health is further questioned due to a low Debt to EBITDA ratio of 0.54 times, which suggests some ability to service debt, but this is overshadowed by a troubling trend of declining operating profits and a low return on equity of 5. The stock's valuation appears expensive with a Price to Book Value of 2.6, especially given its negative profit growth of 47.8% over the past year. These factors collectively contribute to the stock's current downward trajectory.