Why is Udaipur Cement falling/rising?

As of 01-Aug, Udaipur Cement Works Ltd is currently priced at 36.60, reflecting an increase of 0.48 or 1.33%. The stock has shown positive momentum, having outperformed its sector by 1.66% today and has gained 2.23% over the last two days. Over the past week, the stock has risen by 4.57%, while it has also demonstrated strong performance over the past month with a return of 9.71%. Despite a year-over-year decline of 2.92%, the company recently reported positive financial results, including a significant growth in profit before tax and profit after tax, which may have contributed to the stock's upward movement. However, it is important to note that investor participation has decreased, with delivery volume dropping by nearly 60% compared to the five-day average.
In the broader market context, Udaipur Cement's recent performance contrasts sharply with the Sensex, which has declined by 1.06% over the past week and 3.70% over the past month. This indicates that Udaipur Cement is gaining traction in a generally declining market. The stock's year-to-date return of 28.06% significantly outpaces the Sensex's modest gain of 3.15%, highlighting its relative strength. Despite the positive developments, the stock's long-term performance remains mixed, with a notable decline in profits over the past year, suggesting that while current trends are favorable, there are underlying challenges that could affect future performance.