Why is The Ramco Cement falling/rising?

As of 02-Jul, The Ramco Cements Ltd is experiencing a price increase, currently at 1,083.00, reflecting a change of 5.4 (0.5%) upward. The stock has recently hit a new 52-week high of Rs 1101 and has shown strong performance over the past week, gaining 3.56%, and over the past month, it has risen by 10.12%. However, it has underperformed its sector by 0.88% today, despite trading above all key moving averages. The stock has seen a consecutive gain over the last eight days, with a total return of 7.1% during this period. Despite these positive movements, there are concerns regarding falling investor participation, as delivery volume has decreased significantly by 41.52% compared to the five-day average. Additionally, while the stock has generated a return of 28.47% over the past year, its profits have fallen sharply by 76.1%, indicating underlying weaknesses.
In the broader market context, The Ramco Cements has outperformed the benchmark, with a one-year return of 28.47% compared to the BSE500's 3.11%. This strong performance is supported by high institutional holdings at 40.82%, which may provide a level of confidence in the stock's fundamentals. However, the company faces challenges with weak long-term fundamental strength, as indicated by a -8.34% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 3.04 times. The recent negative results over the last four quarters, including significant declines in profit before tax and profit after tax, further complicate the outlook, suggesting that while the stock is currently rising, there are significant risks that could impact its future performance.