Why is Shiva Cement falling/rising?

As of 02-Jul, Shiva Cement Ltd's stock price is currently at 35.65, reflecting an increase of 0.75 or 2.15%. The stock has shown a positive performance today, outperforming its sector by 0.77%, and has been on a consecutive gain for the last two days, accumulating a total return of 3.12% during this period. Over the past week, the stock has risen by 2.89%, and in the last month, it has experienced a significant increase of 16.09%. However, despite these short-term gains, the company faces challenges such as a high debt-to-equity ratio of 13.65, indicating weak long-term fundamental strength. Negative financial results, including a decline in net sales and profits, along with a consistent underperformance against benchmarks over the last three years, contribute to a risky investment outlook.
In the broader market context, Shiva Cement's recent short-term performance stands in contrast to the benchmark Sensex, which has only increased by 0.79% over the past week. While the stock has outperformed the benchmark in the short term, its year-to-date performance shows a decline of 9.97%, compared to the Sensex's gain of 6.75%. This divergence highlights the stock's volatility and the potential risks associated with its high debt and poor long-term growth prospects, which may deter investor confidence despite recent price increases.