Why is Udaipur Cement falling/rising?

As of 05-Jun, Udaipur Cement Works Ltd is experiencing a decline in its stock price, currently at 30.30, which reflects a decrease of 0.28 or 0.92%. The stock has underperformed its sector today by 1.48% and has been on a consecutive downward trend for the last two days, resulting in a total drop of 2.42%. Over the past week, the stock has decreased by 2.57%, although it has shown a positive return of 7.07% over the last month. Despite declaring positive results in March 2025 after three consecutive negative quarters, including the highest operating profit to interest ratio and net sales, the stock's long-term fundamentals remain weak, with a significant profit decline of 75.3% over the past year.
In the broader market context, Udaipur Cement's recent performance contrasts with the benchmark, as it has consistently underperformed against the BSE 500 over the last three years, including a 17.71% decline in the past year compared to the benchmark's 9.49% gain. The stock's technical indicators suggest a mildly bearish trend, and the falling investor participation, evidenced by a 20.03% drop in delivery volume, further indicates a lack of confidence among investors. Additionally, the low stake held by domestic mutual funds, at only 0.1%, may reflect their discomfort with the stock's current valuation and business outlook, contributing to the ongoing price decline.