Why is Sagar Cements falling/rising?

As of 05-Sep, Sagar Cements Ltd is currently priced at 295.65, reflecting a decrease of 0.35 or 0.12%. The stock has recently reached a new 52-week high of Rs. 300 but has experienced a decline after four consecutive days of gains. Despite this short-term drop, the stock has shown strong performance over various periods, with a 15.99% increase over the past week and a 24.01% rise over the past month. Positive financial results, including a significant growth in PAT and net sales, have contributed to its market-beating performance, generating a 26.24% return over the past year, even as the broader market has faced negative returns. However, concerns regarding weak long-term fundamentals, such as a high Debt to EBITDA ratio and a significant percentage of promoter shares being pledged, may be influencing investor sentiment negatively.
In the broader market context, Sagar Cements has outperformed the benchmark Sensex, which has only increased by 1.13% over the past week and remained flat over the past month. The stock's strong short-term returns contrast sharply with the overall market performance, highlighting its resilience. However, the stock's recent decline may be attributed to profit concerns, as its operating profits have fallen significantly despite the stock's price appreciation. This combination of strong short-term performance against a backdrop of long-term risks may be creating a complex situation for investors, leading to cautious trading behavior.