Why is Shree Cement falling/rising?

As of 24-Jul, Shree Cement Ltd. is experiencing a decline in its stock price, currently at Rs 31,661.05, down by Rs 482.15 or 1.5%. The stock has been underperforming recently, having fallen consecutively for the last two days, resulting in a total decrease of 2.61%. Despite this short-term decline, Shree Cement has shown strong performance over the past year, generating a return of 14.86%, significantly outperforming the broader market, which has returned only 0.99%. The stock is currently trading above its moving averages, indicating a generally positive trend, and it is close to its 52-week high, just 2.68% away. Additionally, there has been a rise in investor participation, with delivery volume increasing by 2.49% against the 5-day average.
In the broader market context, Shree Cement's recent performance contrasts with the Sensex, which has shown a slight decline of 0.09% over the past week. While the stock has faced short-term challenges, its long-term performance remains robust, with a year-to-date return of 22.80%, compared to the Sensex's 5.18%. The company's low debt-to-equity ratio and high institutional holdings at 24.96% suggest a stable financial position and confidence from larger investors, which may support the stock's recovery in the future. Overall, while the stock is currently facing downward pressure, its strong fundamentals and market-beating performance indicate potential for future growth.