Why is Star Cement falling/rising?

As of 29-Aug, Star Cement Ltd. is experiencing a price increase, currently at 284.55, reflecting a rise of 3.45 or 1.23%. The stock has shown a positive trend today, having gained after two consecutive days of decline. It has outperformed its sector by 1.08%. Over the past week, the stock has increased by 1.64%, and it has delivered impressive returns of 21.60% over the past month and 29.08% over the past year. Despite a recent drop in investor participation, with delivery volume falling by 56.83% against the 5-day average, the company maintains a low debt-to-equity ratio of 0.03 times, which supports its stability and growth potential.
In the broader market context, Star Cement's recent performance stands in stark contrast to the benchmark Sensex, which has declined by 1.84% over the past week and 1.88% over the past month. This indicates that while the overall market is facing challenges, Star Cement has managed to thrive, showcasing its resilience and strong fundamentals. The stock's consistent returns over the last three years, along with its ability to outperform the BSE500 in each of the last three annual periods, further highlight its strength in a declining market environment.