Why is Sagar Cements falling/rising?

As of 11-Jul, Sagar Cements Ltd's stock price is currently at 242.40, reflecting a slight increase of 0.15 (0.06%). The stock has shown mixed performance recently, with a decline of 1.06% over the past week, but a notable increase of 9.19% over the last month. Despite being higher than the 20-day, 50-day, 100-day, and 200-day moving averages, it is lower than the 5-day moving average. However, there is a concerning trend of falling investor participation, as the delivery volume has decreased by 34.65% compared to the 5-day average. Additionally, the company has faced significant challenges, including a staggering -196.59% CAGR growth in operating profits over the last five years, a high Debt to EBITDA ratio of 5.68 times, and a low average Return on Equity of 4.32%. The stock's performance has been further hindered by negative operating profits and a high proportion of pledged promoter shares, which can exert downward pressure in adverse market conditions.
In the broader market context, Sagar Cements has underperformed against the benchmark, with a return of -0.66% over the past year compared to the Sensex's 3.26% gain. The stock's recent performance aligns with the sector, but the overall trend indicates a consistent underperformance against the benchmark over the last three years. While the stock has shown some resilience with a positive return over the last month, the long-term fundamentals remain weak, which may contribute to investor caution. The combination of weak financial metrics, declining investor interest, and high pledged shares suggests that the stock may face continued challenges moving forward.