Why is Orient Cement falling/rising?

As of 15-Oct, Orient Cement Ltd. is currently priced at 215.75, reflecting an increase of 0.85 or 0.4%. The stock has recently shown a trend reversal, gaining after three consecutive days of decline. However, it is still trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite this slight uptick, the stock has underperformed its sector by 0.71% today and is close to its 52-week low, being just 1.07% away from Rs 213.45. Over the past week, the stock has declined by 2.42%, and year-to-date, it has seen a significant drop of 37.23%. On a positive note, the company has reported strong financial results, with net sales growing by 24.45% and a notable increase in operating profit, which may contribute to a more favorable outlook for investors.
In the broader market context, while the Sensex has gained 1.02% over the past week, Orient Cement's performance has lagged behind, indicating a divergence from the overall market trend. The stock's year-to-date performance is particularly concerning, with a decline of 37.23% compared to the Sensex's increase of 5.72%. Despite these challenges, the company's low debt-to-EBITDA ratio of 0.54 times and a strong return on equity of 14.4 suggest a solid financial foundation, which could attract investor interest. The rising delivery volume, which increased by 86.13% against the 5-day average, indicates growing investor participation, potentially signaling a shift in sentiment towards the stock.