Why is The Ramco Cement falling/rising?

As of 08-Jul, The Ramco Cements Ltd is experiencing a price increase, currently at 1,097.20, reflecting a rise of 12.2 points or 1.12%. The stock is trading close to its 52-week high, just 1.07% away from Rs 1,108.95, and has outperformed its sector by 0.45% today. Over the past week, the stock has gained 1.82%, and in the last month, it has risen by 9.17%. Despite a significant drop in delivery volume by 48.15% against the 5-day average, the stock remains liquid enough for trading. Positive factors include high institutional holdings at 40.82%, indicating strong investor confidence, and a solid performance in the near and long term, with a 38.06% return over the past year. However, the company faces challenges with weak long-term fundamentals, including a negative growth rate in operating profits and declining profitability metrics.
In the broader market context, The Ramco Cements has significantly outperformed the benchmark Sensex, which has only increased by 0.02% in the past week and 1.85% in the past month, while the stock has shown a much stronger performance. This disparity highlights the stock's resilience and attractiveness to investors despite underlying concerns regarding its long-term profitability and recent negative financial results. The stock's ability to maintain a positive trajectory amidst these challenges suggests that investor sentiment remains cautiously optimistic, although the declining delivery volume may indicate some apprehension among retail investors.