Why is The Ramco Cement falling/rising?

As of 14-Jul, The Ramco Cements Ltd is currently priced at 1,129.40, reflecting a decrease of 11.25 points, or 0.99%. The stock has recently touched a new 52-week high of Rs 1169 but has underperformed its sector by 1.27% today. After four consecutive days of gains, the stock opened with a loss of 3.06% and reached an intraday low of Rs 1105.7. Despite this short-term decline, the stock has shown strong performance over the past year, with a return of 42.11%, significantly outperforming the BSE500. However, the company faces challenges, including weak long-term fundamental strength, as indicated by a -8.34% CAGR growth in operating profits over the last five years and negative results for the last four consecutive quarters.
In the broader market context, The Ramco Cements has outperformed the Sensex in both the short-term and long-term, with a 1-week return of 4.09% compared to the Sensex's -1.42%. Despite this positive trend, the stock's recent decline can be attributed to its weak fundamentals, including a high Debt to EBITDA ratio and a low Return on Equity, which may deter investors. The high institutional holdings suggest that knowledgeable investors are closely monitoring the company's performance, which could influence future price movements. Overall, while the stock has shown impressive returns in the past year, the current price drop reflects concerns over its financial health and recent performance.