Why is Shree Cement falling/rising?

As of 07-Jul, Shree Cement Ltd. is experiencing a decline in its stock price, currently at Rs 31,149.00, reflecting a decrease of -101.0 or -0.32%. The stock has been underperforming recently, having fallen for three consecutive days, resulting in a total return of -1.42% during this period. Despite this, the stock has shown a positive performance over the past month with a return of +5.64%, and it is only 2.49% away from its 52-week high. However, the stock's delivery volume has significantly decreased, indicating a drop in investor participation, which may contribute to the recent price decline. Additionally, while the company has a low debt-to-equity ratio and high institutional holdings, it has reported negative results for the last four quarters, with a significant decline in profits, which raises concerns about its long-term growth potential.
In the broader market context, Shree Cement's short-term performance has outpaced the benchmark Sensex, which has seen a slight decline of -0.20% over the past week. However, the stock's long-term growth is being questioned due to poor operating profit growth and a high price-to-book value compared to its peers. Despite generating a return of 13.23% over the past year, the company's profits have decreased by -53.1%, suggesting that while the stock has performed well relative to the market, the underlying fundamentals may not support sustained growth. This combination of factors contributes to the stock's current downward trajectory.