Why is Saurashtra Cem. falling/rising?

As of 21-Jul, Saurashtra Cement Ltd's stock price is rising, currently at 103.99, reflecting an increase of 10.33 or 11.03%. The stock has shown strong performance recently, outperforming its sector by 10.06% today and gaining 11.33% over the last two days. It has also seen a significant rise in short-term returns, with a 20.50% increase over the past month and an 18.10% increase over the past week. The company has recently declared positive quarterly results, with substantial growth in profit before tax, profit after tax, and net sales compared to previous quarters, which has likely contributed to the stock's upward movement. However, it is important to note that the stock has a poor long-term growth outlook, with operating profit declining significantly over the past five years and a very low return on equity. In the broader market context, Saurashtra Cement's recent performance contrasts sharply with the benchmark Sensex, which has seen a slight decline of 0.06% over the past week and 0.25% over the past month. While the stock has been gaining, it has underperformed the market over the past year, generating a negative return of -17.07% compared to the Sensex's positive return of 1.98%. This underperformance may indicate that despite the recent gains, investor sentiment remains cautious, particularly given the company's low domestic mutual fund holdings and high valuation relative to peers.