Why is Orient Cement falling/rising?

As of 16-Jul, Orient Cement Ltd. is currently priced at 237.90, reflecting an increase of 1.1 or 0.46%. The stock has shown a trend reversal by gaining after two consecutive days of decline, outperforming its sector by 0.57%. However, it is important to note that the stock is still lower than its 20-day, 50-day, 100-day, and 200-day moving averages, indicating a mixed performance trend. Over the past week, the stock has gained 0.61%, while it has significantly underperformed over the past month with a decline of 17.60%. The company has a low Debt to EBITDA ratio of 0.54, which suggests a strong ability to service its debt, and it enjoys high institutional holdings at 21.78%. However, the company has reported negative results for the last three consecutive quarters, with a notable decline in profit before tax and profit after tax, leading to concerns about its long-term growth potential.
Broader market context indicates that while the stock has seen a slight uptick recently, it has underperformed the broader market significantly over the past year, generating a return of -21.55% compared to the BSE500's return of 0.47%. This underperformance is compounded by the fact that the stock's operating profit has decreased at an annual rate of -9.33% over the last five years, and it is trading at a high price-to-book value of 2.7, suggesting an expensive valuation relative to its peers. The falling investor participation, with a 27.51% drop in delivery volume against the five-day average, further reflects a lack of confidence among investors, which may contribute to the stock's volatility and recent price movements.