Why is Orient Cement falling/rising?

As of 14-Jul, Orient Cement Ltd. is currently priced at 237.60, reflecting a decrease of 1.9 points or 0.79%. The stock has underperformed its sector by 1.07% today, and while it is higher than its 5-day moving averages, it remains lower than its 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a modest increase of 1.04%, contrasting sharply with its one-month decline of 18.70%. The company has a low Debt to EBITDA ratio of 0.54, indicating a strong ability to service debt, and it enjoys high institutional holdings at 21.78%. However, the company has reported negative results for the last three consecutive quarters, with significant declines in both profit before tax and profit after tax, leading to concerns about its long-term growth potential.
Broader market context reveals that while the stock has underperformed the market significantly over the past year, generating a return of -23.09% compared to the BSE500's positive return of 0.26%, it has outperformed the benchmark in the short term with a 1.04% gain over the last week versus the Sensex's decline of 1.42%. This disparity highlights the challenges Orient Cement faces in maintaining investor confidence amidst its recent financial struggles, despite some positive indicators such as rising investor participation and liquidity. Overall, the combination of poor long-term growth prospects and recent negative financial results continues to weigh heavily on the stock's performance.