Why is The Ramco Cement falling/rising?

As of 09-Jul, The Ramco Cements Ltd is experiencing a slight increase in its stock price, currently at 1,099.60, reflecting a change of 2.4 (0.22%) upwards. The stock has recently hit a new 52-week high of Rs. 1113.1 and has shown a performance inline with its sector. Over the past two days, it has gained 1.35%, and its recent returns indicate a positive trend with a 1.53% increase over the past week and a 5.78% increase over the past month. However, despite this upward movement, the company faces challenges, including a weak long-term fundamental strength with a -8.34% CAGR growth in operating profits over the last five years and negative results for the last four consecutive quarters, which may temper investor enthusiasm.
In the broader market context, The Ramco Cements has outperformed the Sensex, generating a 36.14% return over the past year compared to the Sensex's 3.96%. This strong performance in the short term, coupled with high institutional holdings at 40.82%, suggests that knowledgeable investors are confident in the stock's potential. However, the company's high Debt to EBITDA ratio and low Return on Equity indicate underlying financial weaknesses that could impact future performance. Overall, while the stock is currently rising, its long-term outlook remains uncertain due to these financial challenges.