Why is Saurashtra Cem. falling/rising?

As of 29-Aug, Saurashtra Cement Ltd's stock price is currently at Rs 112.00, reflecting a decrease of Rs 3.0 or 2.61%. The stock has been underperforming, having fallen for three consecutive days, resulting in a total decline of 7.36% during this period. Today's trading saw the stock reach an intraday high of Rs 117.7 but also dip to a low of Rs 111.4, indicating volatility. Additionally, the stock's performance over the past week shows a decline of 6.04%, while it has fared slightly better over the past month with a modest increase of 0.96%. Despite positive financial results reported in June, including significant growth in profit before tax and profit after tax, the stock's recent performance has been negatively impacted by falling investor participation, as evidenced by a 57.24% drop in delivery volume compared to the five-day average.
Broader market context indicates that Saurashtra Cement's recent performance has been weaker than the benchmark Sensex, which has declined by only 1.84% over the past week. The stock's year-to-date performance shows a decline of 5.12%, contrasting with the Sensex's gain of 2.14%. This underperformance relative to the broader market may be contributing to investor sentiment, leading to the stock's current downward trend. The liquidity of the stock remains adequate for trading, but the combination of declining investor interest and recent price movements suggests a cautious outlook among investors.