Why is The Ramco Cement falling/rising?

As of 11-Nov, The Ramco Cements Ltd is experiencing a decline in its stock price, currently at 998.05, which reflects a decrease of 34.65 or 3.36%. The stock has underperformed its sector by 3.64% today and has been on a consecutive downward trend for the last three days, accumulating a total decline of 3.45%. Despite a positive performance over the past year with a return of 14.34%, the stock's recent movements are influenced by a significant drop in operating profits, which have fallen by 32.9%. Additionally, while the company has shown strong growth in profit before tax and profit after tax in its latest quarterly results, the overall weak long-term fundamental strength, indicated by a -5.22% CAGR growth in operating profits over the last five years, raises concerns among investors.
In the broader market context, the stock's short-term performance has been notably weaker compared to the benchmark, with a 1-week return of -2.87% against the Sensex's gain of 0.49%. This underperformance highlights a lack of investor confidence, despite high institutional holdings at 40.02%, which typically suggest a more informed investment approach. The stock's liquidity remains adequate, but the high debt to EBITDA ratio of 4.72 times and low return on equity of 6.18% further contribute to the bearish sentiment surrounding the stock. Overall, these factors suggest that while there are some positive indicators, the prevailing concerns about long-term profitability and recent declines in performance are driving the stock lower.