Why is Orient Cement falling/rising?

As of 24-Jun, Orient Cement Ltd. is experiencing a decline in its stock price, currently at Rs. 222.25, which reflects a decrease of Rs. 3.95 or 1.75%. The stock has hit a new 52-week low of Rs. 221.6 today and has underperformed its sector by 3.31%. It has been on a consecutive downward trend for the past five days, resulting in a significant loss of 26.55% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The company's financial health is concerning, as it has reported negative results for the last three consecutive quarters, with a significant decline in profit after tax and operating profit. Despite having a low Debt to EBITDA ratio and high institutional holdings, the overall poor long-term growth and recent financial performance have contributed to the stock's decline.
In the broader market context, the stock's performance over the past week shows a stark contrast to the Sensex, which has gained 0.58% while Orient Cement has dropped 26.55%. This underperformance highlights investor sentiment towards the stock, which is further exacerbated by falling investor participation, as evidenced by a 52.8% decrease in delivery volume compared to the 5-day average. The company's valuation appears expensive relative to its peers, with a Price to Book Value of 2.5, and its return on equity is low at 5. These factors suggest that while the stock may be liquid enough for trading, the negative sentiment surrounding its financial results and growth prospects is driving its price downward.