Why is Sagar Cements falling/rising?

As of 21-Jul, Sagar Cements Ltd is experiencing a price increase, currently at Rs. 269.35, reflecting a rise of 4.25 (1.6%). The stock has recently hit a new 52-week high of Rs. 276 and has shown strong performance, gaining 6.36% over the last two days. Over the past week, the stock has outperformed the sector by 0.63% and has generated a return of 12.00% over the last year, significantly higher than the market's return of 1.63%. However, despite this positive momentum, the company faces challenges, including a concerning -196.59% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 5.68 times, which indicates potential difficulties in servicing its debt.
Broader Market Context: In the context of the broader market, Sagar Cements has outperformed the Sensex, which has seen a slight decline of 0.06% over the past week. The stock's strong short-term performance, coupled with rising investor participation—evidenced by an 821.96% increase in delivery volume—suggests positive sentiment among investors. However, the stock's high level of pledged promoter shares and negative operating profits raise concerns about its long-term stability, which could impact future price movements if market conditions shift.