Why is Udaipur Cement falling/rising?

As of 28-Jul, Udaipur Cement Works Ltd is experiencing a decline in its stock price, currently at 34.69, which reflects a decrease of 0.31 or 0.89%. The stock has been underperforming, having lost 7.57% over the last four days, and it has underperformed its sector by 0.69% today. Although the stock is trading above its 50-day, 100-day, and 200-day moving averages, it is below its 5-day and 20-day moving averages. In terms of returns, the stock has shown a 9.67% increase over the past month, but it has a year-to-date return of 21.38%. However, over the past year, the stock has declined by 18.11%, coinciding with a significant drop in profits of 75.3%. Despite these challenges, the company recently reported positive financial results, indicating growth in profit before tax and profit after tax, which may provide some support for the stock.
In the broader market context, Udaipur Cement's recent performance contrasts with the benchmark Sensex, which has declined by 1.59% over the past week and 3.77% over the past month. While the stock has outperformed the benchmark on a year-to-date basis, the recent consecutive falls suggest that investor sentiment may be cautious, especially given the company's previous negative quarters. The rising investor participation, indicated by an increase in delivery volume, may suggest some underlying interest in the stock, but the overall trend remains negative as the stock continues to struggle against both its historical performance and the broader market conditions.