Why is Orient Cement falling/rising?

As of 22-Aug, Orient Cement Ltd. is experiencing a decline in its stock price, currently at Rs 237.40, which reflects a decrease of Rs 4.65 or 1.92%. The stock has recently fallen after four consecutive days of gains, touching an intraday low of Rs 236.9. In terms of performance, the stock has outperformed its sector by 0.31% today, but over the past month, it has seen a decline of 2.88%, while year-to-date, it has dropped significantly by 30.93%. Despite these short-term fluctuations, the company has shown strong fundamentals, including a low Debt to EBITDA ratio of 0.54 times and a notable increase in net sales, which reached INR 8,664.76 million. Additionally, the promoters have increased their stake by 34.8%, indicating rising confidence in the company's future.
In the broader market context, the stock's performance over the past year has been notably poor, with a return of -28.28%, significantly underperforming the benchmark Sensex, which has only declined by 0.31% during the same period. Although the stock has outperformed the sector today, the overall trend indicates a lack of long-term growth, as evidenced by the annual growth rates of net sales and operating profit being relatively low at 6.07% and 4.31%, respectively, over the last five years. This underperformance in the market, coupled with the recent decline in the cement sector by 2.36%, contributes to the current downward pressure on Orient Cement's stock price.