Why is Shiva Cement falling/rising?

As of 29-Aug, Shiva Cement Ltd's stock price is currently at Rs 28.72, reflecting a decline of Rs 2.19 or 7.09%. The stock has been underperforming significantly, having fallen for the last four consecutive days, resulting in a 10.67% decrease over the past week. Today's trading saw the stock reach an intraday high of Rs 31.74 and a low of Rs 28, indicating high volatility with a wide trading range of Rs 3.74. The stock is also trading below its moving averages across various time frames, and there has been a notable drop in investor participation, with delivery volume decreasing by 50.59% compared to the five-day average. The company is facing challenges due to high debt levels, poor long-term growth, and negative earnings before interest, taxes, depreciation, and amortization (EBITDA), which contribute to its weak fundamental strength and have led to a significant decline in stock performance over the past year. In the broader market context, Shiva Cement's recent performance has been particularly poor compared to the benchmark, with a year-to-date return of -27.47% against a positive return of 2.14% for the Sensex. Over the last three years, the stock has consistently underperformed against the BSE500 index, highlighting its ongoing struggles. This underperformance is compounded by the lack of investment from domestic mutual funds, which may indicate a lack of confidence in the company's prospects. Overall, the combination of high debt, declining sales, and negative profit growth has created a challenging environment for Shiva Cement, resulting in its current downward price movement.