Why is Sagar Cements falling/rising?

As of 17-Jul, Sagar Cements Ltd is currently priced at Rs 253.25, reflecting a decrease of Rs 3.75 or 1.46%. The stock has recently underperformed its sector by 1.56% and opened with a loss of 2.02%, touching an intraday low of Rs 251.8. Despite this decline, the stock has shown strong performance over the past week and month, with returns of 4.54% and 15.88%, respectively. However, the company faces significant challenges, including a weak long-term fundamental strength indicated 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 stock's profitability is low, with an average Return on Equity of only 4.32%, and recent quarterly results have shown a substantial decline in profit after tax.
Broader market context reveals that while Sagar Cements has outperformed the Sensex over the past month and year-to-date, the current market conditions are challenging. The stock's performance is under pressure due to the high percentage of pledged promoter shares, which can exacerbate price declines in falling markets. The Sensex itself has shown a modest gain of 0.83% over the past month, indicating that Sagar Cements' recent struggles are not entirely reflective of broader market trends. Overall, the combination of weak fundamentals, recent poor financial results, and market dynamics contribute to the stock's current downward movement.