Why is Shiva Cement falling/rising?

As of 17-Jul, Shiva Cement Ltd's stock price is currently at 40.47, reflecting a decrease of 0.52, or 1.27%. The stock has underperformed its sector today by 1.37%. Despite trading higher than its moving averages over various periods, the stock has shown a negative return of 1.89% over the past week, while it has gained 18.06% over the last month. However, the company's financial health is concerning, with a high debt-to-equity ratio of 13.65 times and negative long-term growth indicators, including a significant decline in operating profit and net sales. The stock's performance has been further hindered by negative quarterly results, including a loss in profit before tax and a drop in net sales, leading to a perception of high risk among investors.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has underperformed the Sensex by 1.12% over the past week and has consistently lagged behind the BSE500 over the last three years. While the stock has shown some positive movement in the short term, the overall sentiment remains negative due to its weak fundamentals and lack of confidence from domestic mutual funds, which hold no stake in the company. This combination of factors contributes to the stock's downward trajectory, despite some short-term gains.