Why is Saurashtra Cem. falling/rising?

As of 18-Jul, Saurashtra Cement Ltd's stock price is currently at 93.66, reflecting a slight increase of 0.25 (0.27%). The stock has shown a positive performance today, outperforming its sector by 0.53%. Over the past week, the stock has risen by 5.43%, while it has increased by 9.36% over the past month. However, it has experienced a significant decline of 20.66% year-to-date and 27.95% over the past year. Despite a low debt-to-equity ratio and positive quarterly results, including a remarkable growth in PAT and net sales, the company has faced challenges with long-term growth, as indicated by a substantial annual decline in operating profit and a very low return on equity. Additionally, the stock's valuation appears expensive compared to peers, and the lack of domestic mutual fund investment may signal concerns about its future performance.
In the broader market context, while the Sensex has shown a slight increase of 0.38% over the past month, Saurashtra Cement's stock has significantly outperformed this benchmark, indicating a divergence in performance. However, the stock has underperformed the market over the past year, with a return of -27.95% compared to the market's -0.36% decline. This stark contrast highlights the challenges faced by Saurashtra Cement, as its recent positive results have not been sufficient to offset the long-term negative trends and investor sentiment surrounding the stock.