Why is Udaipur Cement falling/rising?

As of 04-Jul, Udaipur Cement Works Ltd is currently priced at 34.48, reflecting a decrease of 0.32, or 0.92%. The stock has recently underperformed its sector by 1.2% and is experiencing a trend reversal after nine consecutive days of gains. Despite this decline, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend prior to this drop. Over the past week, the stock has increased by 9.01%, and over the past month, it has risen by 12.75%. However, it has faced challenges over the past year, with a return of -26.02% as profits have fallen significantly by 75.3%. The company has recently reported positive results, including the highest operating profit to interest ratio and net sales, which may have contributed to the stock's previous upward momentum.
In the broader market context, Udaipur Cement's short-term performance has outpaced the Sensex, which has declined by 0.74% over the past week. The stock's liquidity remains adequate, with a delivery volume increase of 34.86% compared to the 5-day average, suggesting rising investor participation. However, despite the attractive valuation and positive quarterly results, the stock's recent decline indicates a potential correction after a period of strong performance, highlighting the volatility and challenges it faces in the current market environment.