Why is The Ramco Cement falling/rising?

As of 15-Jul, The Ramco Cements Ltd is experiencing a price increase, currently at 1,153.45, which reflects a rise of 24.05 or 2.13%. The stock has shown strong performance, outperforming the sector by 2.08% today and is only 1.35% away from its 52-week high. Over the past week, the stock has gained 5.13%, and its year-to-date return stands at an impressive 19.58%. Positive factors contributing to this rise include high institutional holdings at 39.67%, indicating strong investor confidence, and a significant increase in delivery volume, which rose by 120.55% compared to the 5-day average. However, it is important to note that the company has reported 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 benchmark Sensex, which has declined by 1.36% over the past week, while the stock has risen. This contrast highlights the stock's resilience and attractiveness to investors despite the overall market conditions. The stock's performance over the last year has also been notable, generating a return of 44.91%, significantly higher than the Sensex's 2.36% increase. While the stock is trading at a discount compared to its peers, the high Debt to EBITDA ratio and declining operating profits present challenges that could affect future performance.