Why is Star Cement falling/rising?

As of N/A, Star Cement Ltd. is currently priced at 270.30, reflecting a decline of 2.85, or 1.04%. The stock has experienced a negative return of 1.78% over the past week and a 3.45% decline over the last month, while it has generated a strong return of 26.69% over the past year, significantly outperforming the BSE500 index. However, today's price summary data is not available, which limits the analysis of immediate market sentiment. Despite the recent price drop, the company maintains a low debt-to-equity ratio of 0.03 times, indicating financial stability, and has consistently delivered market-beating performance over the long term.
In the broader market context, the stock's recent short-term performance contrasts with the Sensex, which has gained 0.46% over the past week and 1.05% over the last month. This suggests that while Star Cement is facing short-term challenges, it has outperformed the benchmark significantly over longer periods, including a remarkable 160.28% increase over the past three years. The majority ownership by promoters and the company's strong historical returns may provide a buffer against the current price decline, indicating that investor confidence remains relatively strong despite the recent downturn.