Why is The Ramco Cement falling/rising?

As of 27-Oct, The Ramco Cements Ltd is experiencing a price increase, currently at 1,059.45, reflecting a rise of 12.9 or 1.23%. The stock's performance today is in line with its sector, and it is trading above its 5-day, 20-day, 50-day, and 200-day moving averages, although it is below the 100-day moving average. Over the past week, the stock has gained 3.04%, and it has shown a strong return of 23.63% over the last year, significantly outperforming the broader market's return of 5.53%. Positive factors contributing to this rise include the company's recent declaration of positive results after four consecutive negative quarters, with substantial growth in profit before tax and profit after tax, alongside high institutional holdings that suggest confidence from knowledgeable investors.
In the broader market context, the stock's short-term performance has outpaced the benchmark, with a 1-week return of 3.04% compared to the Sensex's 0.49%. However, there are concerns regarding the company's long-term fundamental strength, as indicated by a negative CAGR growth in operating profits over the last five years and a high debt-to-EBITDA ratio. Despite these challenges, the stock's recent upward movement can be attributed to improved financial results and strong institutional support, which may overshadow some of the underlying weaknesses in its long-term profitability metrics.