Why is Sagar Cements falling/rising?

As of 26-Sep, Sagar Cements Ltd is experiencing a decline in its stock price, currently at Rs 251.40, which reflects a decrease of Rs 8.2 or 3.16%. The stock has underperformed its sector by 1.69% today and has been on a downward trend for the last four days, accumulating a total loss of 8.47% during this period. Despite a strong performance in the previous year with an 8.60% return, the company has shown weak long-term fundamental strength, evidenced by a significant -165.28% CAGR growth in operating profits over the last five years. Additionally, the high debt to EBITDA ratio of 5.68 times and the low average return on equity of 4.32% indicate challenges in profitability and debt servicing, contributing to the stock's recent decline.
In the broader market context, Sagar Cements' short-term performance has been notably worse than the benchmark, with a 1-week return of -8.26% compared to the Sensex's -2.66%. While the stock has outperformed the market over the past year, the current negative sentiment is exacerbated by the fact that 80.8% of promoter shares are pledged, which can put additional downward pressure on stock prices in a falling market. The recent increase in delivery volume suggests some investor interest, but the overall liquidity remains cautious given the stock's risky trading position relative to its historical valuations.