Why is Shiva Cement falling/rising?

As of 13-Jun, Shiva Cement Ltd's stock price is currently at Rs 33.77, reflecting an increase of Rs 1.62 or 5.04%. The stock has been on a positive trajectory, gaining for the last five consecutive days and achieving a return of 12.3% over this period. Today's performance has outpaced the sector by 5.71%, with the stock reaching an intraday high of Rs 34.1. However, despite this recent uptick, the company faces significant challenges, including a high debt-to-equity ratio of 6.15 times and negative long-term growth indicators, such as a -205.19% operating profit over the last five years. The stock has also underperformed against the benchmark over the past year, with a return of -29.50%.
In the broader market context, while Shiva Cement's short-term performance has been strong, outperforming the Sensex by 12.30% over the past week, it has still struggled significantly on a year-to-date basis, with a decline of -14.72% compared to the Sensex's gain of 3.81%. This stark contrast highlights the stock's volatility and the underlying issues affecting its long-term viability, including poor financial results and a lack of confidence from domestic mutual funds, which hold no stake in the company. Overall, while the recent price rise may attract attention, the fundamental weaknesses suggest caution for potential investors.