Why is Sagar Cements falling/rising?

As of 08-Jul, Sagar Cements Ltd is currently priced at 244.55, reflecting a decrease of 5.55, or 2.22%. The stock has underperformed its sector by 2.89% today, with an intraday high of Rs 255.15 and a low of Rs 243.2. Despite a positive performance over the past month with a return of 7.38%, the stock has shown a negative return of 2.18% over the past year, indicating consistent underperformance against the benchmark. Key negative factors affecting the stock include weak long-term fundamental strength, as evidenced by a -196.59% CAGR growth in operating profits over the last five years and a high debt-to-EBITDA ratio of 5.68 times. Additionally, the company has reported negative operating profits, with a PAT of Rs -43.60 crore, and 80.8% of promoter shares are pledged, which adds downward pressure in a falling market.
In the broader market context, the Sensex has shown a slight increase of 0.02% over the past week, contrasting with Sagar Cements' marginal decline of 0.12% during the same period. While the stock has seen rising investor participation with a 22.63% increase in delivery volume compared to the five-day average, the overall sentiment remains cautious due to the company's financial struggles and consistent underperformance against the BSE500 over the last three years. The combination of these factors contributes to the stock's current downward movement.