Why is The Ramco Cement falling/rising?

As of 17-Jul, The Ramco Cements Ltd is experiencing a price increase, currently at Rs. 1,172.50, reflecting a rise of 7.95 points or 0.68%. The stock has shown strong performance recently, with a consecutive gain over the last three days, resulting in a total return of 3.82%. It has outperformed its sector by 0.58% today and reached a new 52-week high of Rs. 1,187.2. Over the past year, the stock has generated a remarkable return of 47.52%, significantly outperforming the benchmark Sensex, which has only increased by 1.91% during the same period. However, it is important to note that the stock has seen a decline in delivery volume, which fell by 62.54% compared to the 5-day average, indicating a potential decrease in investor participation.
In the broader market context, The Ramco Cements has outperformed the Sensex in both the short-term and long-term, with a 9.07% increase over the past month compared to the benchmark's 0.83% rise. Despite its strong performance, there are concerns regarding the company's long-term fundamental strength, as it has reported negative results for the last four consecutive quarters and a significant decline in operating profits over the past five years. The high institutional holdings at 39.67% suggest that knowledgeable investors are backing the stock, but the company's high debt-to-EBITDA ratio and low return on equity indicate potential risks that could affect future performance.