Why is The Ramco Cement falling/rising?

As of 03-Jul, The Ramco Cements Ltd is experiencing a decline in its stock price, currently at 1,076.90, which reflects a decrease of 6.1 points or 0.56%. The stock has recently seen a trend reversal after eight consecutive days of gains, and it is currently trading 2.24% away from its 52-week high. Despite this drop, the stock has shown strong performance over the past year, generating a return of 28.18%, significantly outperforming the broader market, which has only returned 2.20%. However, the company has faced challenges, including a substantial decline in profits of 76.1% over the past year, and negative results for the last four consecutive quarters, which may contribute to investor concerns.
In the broader market context, The Ramco Cements' short-term performance has been favorable compared to the benchmark, with a 2.80% increase over the past week while the Sensex has decreased by 0.62%. However, the stock's recent decline could be attributed to falling investor participation, as evidenced by a 23.43% drop in delivery volume against the five-day average. Additionally, the company's weak long-term fundamentals, including a high Debt to EBITDA ratio and low profitability per unit of shareholders' funds, may be causing caution among investors, despite its high institutional holdings and fair valuation compared to peers.