Why is Sh. Digvijay Cem falling/rising?

As of 20-Aug, Shree Digvijay Cement Co. Ltd is experiencing a significant rise in its stock price, currently at 95.76, reflecting an increase of 8.44 or 9.67%. The stock has shown strong performance recently, gaining 16.85% over the past week and 10.63% over the past month, outperforming the sector by 9.41% today. It has been on a consecutive gain streak for four days, reaching an intraday high of Rs 97.59. Despite a wide trading range and a decrease in delivery volume, the stock is trading above all major moving averages, indicating positive momentum. Additionally, the company benefits from a low debt-to-equity ratio and increased participation from institutional investors, who have raised their stake by 0.9% in the last quarter, suggesting confidence in the company's fundamentals.
In the broader market context, Shree Digvijay Cement's short-term performance significantly outpaces the benchmark Sensex, which has only increased by 1.64% over the past week. This stark contrast highlights the stock's strong relative strength in the current market environment. While the stock has underperformed over the past year with a decline of 3.86%, its recent gains and institutional interest may indicate a potential turnaround, aligning with the overall positive sentiment in the sector.