Why is Udaipur Cement falling/rising?

As of 31-Jul, Udaipur Cement Works Ltd is currently priced at 36.12, reflecting an increase of 0.32 or 0.89%. The stock has shown a mixed performance recently, with a decline of 2.14% over the past week, but a notable increase of 8.27% over the past month. Today, it has outperformed its sector by 1.71% and is trading above all its moving averages, indicating a positive short-term trend. However, there has been a significant drop in investor participation, with delivery volume falling by 59.86% compared to the 5-day average. Despite a year-over-year return of -16.85% and a substantial profit decline of 75.3%, the company has recently reported positive quarterly results, which may be contributing to the current price rise.
In the broader market context, while Udaipur Cement has outperformed the Sensex by 1.71% today, its 1-week performance is worse than the benchmark, which declined by only 1.22%. Year-to-date, Udaipur Cement has outperformed the Sensex with a return of 26.38% compared to the benchmark's 3.90%. The stock's attractive valuation, trading at a discount to its peers, and improved profitability metrics may be helping to support its price despite the recent volatility and declining investor interest.