Why is The Ramco Cement falling/rising?

As of 06-Aug, The Ramco Cements Ltd is experiencing a decline in its stock price, currently at 1,148.00, which reflects a decrease of 13.6 points or 1.17%. The stock has underperformed its sector by 0.45% today and has been on a downward trend for the last two days, accumulating a total drop of 1.97%. Although it opened with a gain of 2.44% and reached an intraday high of Rs 1189.95, the overall performance has been affected by a significant drop in delivery volume, which fell by 64.78% against the 5-day average. Despite a strong long-term performance with a 41.85% return over the past year, the company has faced challenges, including a weak long-term fundamental strength 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 stock's recent performance contrasts with the benchmark, as it has underperformed the Sensex by 4.68% over the past week, while the Sensex itself has only declined by 1.15%. Despite the Ramco Cements' strong institutional holdings at 39.67% and its historical outperformance against the BSE500 in the long term, the high debt to EBITDA ratio of 3.04 times and low return on equity of 7.54% raise concerns about its profitability and ability to service debt. This combination of factors contributes to the stock's current downward trajectory, despite its previous strong returns.