Why is Sagar Cements falling/rising?

As of 25-Jul, Sagar Cements Ltd is experiencing a decline in its stock price, currently at Rs 242.15, reflecting a decrease of Rs 10.8 or 4.27%. The stock has underperformed its sector by 3.08% today and has been on a consecutive downward trend for the last four days, accumulating a total drop of 10.1%. Additionally, the stock touched an intraday low of Rs 239.65, indicating significant selling pressure. Despite a year-to-date return of 9.03%, the stock's recent performance has been concerning, with a 1-week decline of 8.66% and a notable drop in investor participation, as evidenced by a 55.37% decrease in delivery volume compared to the 5-day average. The company has reported positive results for the quarter ending June 25, with record net sales and operating profit, but these positives are overshadowed by weak long-term fundamentals, including a drastic -165.28% CAGR growth in operating profits over the last five years and a high debt-to-EBITDA ratio of 5.68 times.
In the broader market context, Sagar Cements' recent performance contrasts sharply with the benchmark Sensex, which has only declined by 0.36% over the past week. This underperformance highlights the stock's vulnerability, particularly given the negative operating profits and the fact that 26.99% of promoter shares are pledged, which can exert additional downward pressure in a falling market. While the stock has shown some resilience over the longer term with a 5-year return of 169.47%, the current market sentiment appears to be cautious, driven by concerns over profitability and liquidity, which may further impact investor confidence.