Why is Saurashtra Cem. falling/rising?

As of 01-Aug, Saurashtra Cement Ltd is experiencing a decline in its stock price, currently at Rs 120.45, which represents a decrease of Rs 5.14 or 4.09%. The stock has underperformed its sector by 3.76% today and has fallen after three consecutive days of gains. It reached an intraday low of Rs 120.3, indicating a downward trend. Despite this, the stock has shown strong performance over the past week and month, with returns of +16.13% and +33.01%, respectively. However, the company has faced challenges, including a significant decline in operating profit over the last five years and a substantial drop in profits over the past year, which has contributed to its current price movement.
In the broader market context, while Saurashtra Cement has outperformed the Sensex in the short term, the overall sentiment appears cautious due to its poor long-term growth prospects. The stock's returns over the past year are -10.61%, contrasting with the Sensex's -1.55%, indicating that investors may be wary of its valuation, especially given the low domestic mutual fund interest in the company. The stock is trading at a premium compared to its peers, which may further deter potential investors. Overall, the combination of recent price declines, underperformance against sector benchmarks, and concerns over long-term profitability are influencing the stock's current downward trajectory.