Why is Star Cement falling/rising?

As of 19-Sep, Star Cement Ltd. is experiencing a price increase, currently at 273.00, reflecting a change of 2.95 (1.09%) upward. The stock has shown a trend reversal by gaining after three consecutive days of decline, and it outperformed its sector by 1.36% today. Despite a recent 6.55% drop over the past month, the stock has demonstrated strong long-term performance, with a 27.33% return over the last year and an impressive 153.25% increase over the past three years. The company maintains a low debt-to-equity ratio of 0.03, indicating financial stability, and is primarily held by promoters, which may contribute to investor confidence.
In the broader market context, Star Cement's short-term performance over the past week is slightly lagging behind the Sensex, which has gained 0.88%, while Star Cement only increased by 0.22%. However, the stock's year-to-date performance of 17.77% significantly outpaces the Sensex's 5.74% gain, highlighting its strong position in the market. The recent decline in delivery volume by 3.41% against the five-day average may indicate a decrease in investor participation, which could impact future price movements. Nonetheless, the stock's liquidity remains adequate for trading, suggesting that it can still attract investors despite the recent fluctuations.