Why is Udaipur Cement falling/rising?

As of 03-Jul, Udaipur Cement Works Ltd is currently priced at 34.80, reflecting an increase of 0.33 or 0.96%. The stock has shown strong performance recently, outperforming its sector by 1.4% today and achieving a consecutive gain over the last three days, with a total return of 10.02% in that period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Notably, the company has reported its highest operating profit to interest ratio and net sales in recent quarters, which may have contributed to the stock's upward movement despite a significant decline in profits over the past year.
In the broader market context, Udaipur Cement's short-term return of +13.39% over the past week stands in stark contrast to the Sensex, which has declined by 0.62% during the same period. This indicates that the stock is gaining traction relative to the overall market. While the stock has faced challenges with a -26.15% return over the past year, the recent positive financial results and attractive valuation compared to peers may be fostering renewed investor interest, contributing to its current upward price movement.