Why is The Ramco Cement falling/rising?

As of 31-Jul, The Ramco Cements Ltd is experiencing a decline in its stock price, currently at 1,175.65, which reflects a decrease of 28.75 points or 2.39%. The stock has recently hit a new 52-week high of Rs. 1206.6 but has underperformed its sector by 1.57% today. After three consecutive days of gains, the stock has reversed its trend, touching an intraday low of Rs. 1171.3. Despite a strong performance over the past year with a return of 42.24%, the company has faced challenges, including a weak long-term fundamental strength characterized 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 the short term, with a 1-week return of +0.42% compared to the benchmark's -1.22%. However, the stock's recent decline may be influenced by its high Debt to EBITDA ratio of 3.04 times and a low Return on Equity of 7.54%, indicating potential profitability issues. While the stock has high institutional holdings at 39.67%, suggesting confidence from knowledgeable investors, the significant drop in profits by -76.1% over the past year raises concerns about its valuation and future performance.