Why is Udaipur Cement falling/rising?

As of 15-Jul, Udaipur Cement Works Ltd is experiencing a price increase, currently at 34.87, reflecting a change of 0.3 or 0.87% upward. The stock has shown strong performance today, outperforming its sector by 0.82%. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, there has been a rise in investor participation, with a delivery volume of 4.4 lacs on 14 July, which is up by 2.06% compared to the 5-day average. Over the past week, the stock has gained 0.37%, while its performance over the past month has been even more impressive at +13.21%. Despite a year-to-date return of +22.01%, the stock has faced challenges over the past year, with a decline of -21.20% in profits.
In the broader market context, Udaipur Cement's recent performance contrasts with the Sensex, which has declined by 1.36% over the past week. The company has recently declared positive results after three consecutive quarters of losses, with significant improvements in operating profit and net sales. The stock is currently trading at a discount compared to its peers, which may attract investors looking for value. However, it is important to note that while the stock has shown positive movement recently, its profits have fallen by -75.3% over the past year, indicating underlying challenges that could affect its long-term performance.