Why is Orient Cement falling/rising?

As of 11-Jul, Orient Cement Ltd. has seen its stock price rise to 239.50, reflecting an increase of 6.6 or 2.83%. Today's price performance indicates that the stock outperformed its sector by 2.85%, reaching an intraday high of Rs 242.45, which is a 4.1% increase. However, despite this positive movement, the stock has experienced a significant decline over the past month, down 24.03%, and has underperformed the benchmark Sensex, which has only decreased by 0.02% during the same period. The company's financial health is mixed; while it has a strong ability to service debt with a low Debt to EBITDA ratio of 0.54 times and high institutional holdings at 21.78%, it has also reported negative results for the last three consecutive quarters, with a substantial decline in profits and poor long-term growth.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has underperformed the market over the last year, generating a return of -23.24% compared to the Sensex's gain of 3.26%. This underperformance is further highlighted by the company's declining operating profit and low return on equity, which suggest that despite today's rise, the stock faces significant challenges moving forward. The falling investor participation, indicated by a 20.57% drop in delivery volume, also raises concerns about the stock's liquidity and overall market sentiment.