Why is The Ramco Cement falling/rising?

As of 10-Jul, The Ramco Cements Ltd is experiencing a price increase, currently at 1,103.10, reflecting a rise of 3.5 points or 0.32%. The stock has shown strong performance recently, gaining 1.67% over the last three days and outperforming its sector by 0.9%. It is also close to its 52-week high, just 0.91% away from Rs 1,113.1. Over the past year, the stock has generated a return of 37.75%, significantly outperforming the BSE500 index, which has only increased by 4.09%. However, it is important to note that the company has declared negative results for the last four consecutive quarters, with a substantial decline in profits, which raises concerns about its long-term fundamental strength.
In the broader market context, The Ramco Cements has outperformed the Sensex in both the short-term and long-term, with a 2.43% increase over the past week compared to a slight decline of 0.06% for the benchmark. The stock's strong performance can be attributed to high institutional holdings, which indicate confidence from knowledgeable investors, and rising investor participation, as evidenced by a significant increase in delivery volume. Despite these positive factors, the company faces challenges such as a high Debt to EBITDA ratio and declining operating profits, which could impact its future performance. Overall, while the stock is currently rising, it is essential to consider the underlying financial weaknesses that may affect its sustainability.