Why is Shree Cement falling/rising?

As of 15-Jul, Shree Cement Ltd. is experiencing a price increase, currently at Rs 31,088.35, reflecting a rise of 93.35 (0.3%). The stock has shown a mixed performance recently, with a 1-week decline of 0.73%, but a notable 4.85% increase over the past month. It is currently 2.69% away from its 52-week high and has outperformed its sector by 0.25%. The stock's moving averages indicate it is performing better than the 20-day, 50-day, 100-day, and 200-day averages, although it is lower than the 5-day moving average. Additionally, there has been a rise in investor participation, with delivery volume increasing by 12.6% against the 5-day average, suggesting growing interest in the stock. However, the company has a low debt-to-equity ratio and high institutional holdings at 25.03%, indicating confidence from larger investors despite recent negative results.
In the broader market context, Shree Cement's performance over the past year has significantly outpaced the market, generating a return of 12.36% compared to the BSE500's 0.37%. However, the company faces challenges, including a poor long-term growth outlook with a -13.83% annual decline in operating profit over the last five years and negative results for the last four consecutive quarters. The return on capital employed (ROCE) is at a low of 6.71%, and profits have fallen by -53.1% over the past year, leading to concerns about its high valuation with a price-to-book ratio of 5.2. While the stock has shown resilience in the short term, these underlying issues may pose risks to its future performance.