Why is Sagar Cements falling/rising?

As of 24-Jul, Sagar Cements Ltd is experiencing a decline in its stock price, currently at 252.95, which reflects a decrease of 3.05 or 1.19%. The stock has underperformed its sector by 0.84% today and has been on a consecutive fall for the last three days, resulting in a total decline of 6.09% during this period. Although the stock has shown positive returns over the longer term, such as a 7.59% increase over the past month and a 13.89% increase year-to-date, it faces significant challenges. The company has reported weak long-term fundamental strength, with a staggering -165.28% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 5.68 times, indicating low ability to service debt. Furthermore, 26.99% of promoter shares are pledged, which can exert additional downward pressure on the stock price in a falling market.
In the broader market context, Sagar Cements' short-term performance has been slightly worse than the benchmark, with a 1-week return of -0.12% compared to the Sensex's -0.09%. While the stock has outperformed the benchmark over longer periods, such as a 6.33% return over the past year versus the Sensex's 2.54%, the recent negative operating profits and falling investor participation, evidenced by a 79.61% drop in delivery volume, suggest a lack of confidence among investors. The combination of these factors contributes to the stock's current downward trajectory, despite some positive operational results reported in June.