Why is Shiva Cement falling/rising?

As of 14-Jul, Shiva Cement Ltd's stock price is currently at Rs 39.63, reflecting a decrease of Rs 1.09 or 2.68%. The stock has been underperforming, having lost 3.93% over the last two days, despite opening with a gain of 2.28% today and reaching an intraday high of Rs 41.65. The stock's performance over the past week shows a gain of 3.07%, but it has underperformed the sector by 2.96% today. Key negative factors contributing to the stock's decline include a high debt-to-equity ratio of 13.65 times, poor long-term growth metrics, and negative earnings results, with a reported net sales decline of 32.33% over the last six months. Additionally, the stock has consistently underperformed against benchmarks, generating a return of -19.07% over the past year.
In the broader market context, while the Sensex has gained 1.40% over the past month, Shiva Cement's stock has surged by 17.35% in the same period, indicating some short-term strength despite its overall negative performance. However, the stock's long-term outlook remains weak, as it has underperformed the BSE500 in each of the last three annual periods. The significant drop in investor participation, with delivery volume falling by 69.4% against the five-day average, further underscores the lack of confidence among investors, which could be contributing to the stock's current downward trend.