Why is Saurashtra Cem. falling/rising?

As of 01-Sep, Saurashtra Cement Ltd's stock price is currently at Rs 118.25, reflecting an increase of Rs 6.25 or 5.58%. Today's price movement indicates a trend reversal as the stock has gained after three consecutive days of decline. It outperformed its sector by 4.2%, reaching an intraday high of Rs 122.8, which is a 9.64% increase. However, despite this positive movement, the stock has shown a decline of 2.19% over the past week and 3.15% over the past month. The company has reported significant growth in its profit before tax and profit after tax for the quarter ending June 25, which may have contributed to the recent uptick in stock price, alongside its low debt-to-equity ratio.
Broader market context shows that while Saurashtra Cement's stock has outperformed its sector today, it has underperformed compared to the benchmark Sensex over the past week and month. The Sensex declined by 1.56% in the last week and 0.29% in the last month, indicating a challenging market environment. Additionally, the stock's liquidity appears sufficient for trading, but there has been a notable decrease in investor participation, with delivery volume falling by 35.68% against the five-day average. This decline in participation could pose challenges for sustained price increases in the near term.