Why is Agio Paper falling/rising?

As of 11-Jul, Agio Paper & Industries Ltd is experiencing a decline in its stock price, currently at 5.18, reflecting a decrease of 0.27 or 4.95%. The stock has underperformed its sector by 3.98% today and has been on a downward trend, losing 10.69% over the last three days. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock's performance over the past week shows a significant decline of 11.30%, and over the past month, it has dropped by 30.47%. The company is facing challenges due to high debt, with a Debt-Equity Ratio of 6.49 times, indicating weak long-term fundamental strength. Furthermore, the company has reported flat results and negative EBITDA, contributing to a perception of risk among investors.
In the broader market context, Agio Paper's recent performance contrasts sharply with the Sensex, which has only declined by 1.12% over the past week and is up 5.58% year-to-date. This stark difference highlights the stock's underperformance relative to the benchmark. Despite a significant increase in delivery volume, suggesting rising investor participation, the overall sentiment remains negative due to the company's high debt levels and poor long-term growth prospects. The stock's returns over the past year have been modest at 1.17%, but this is overshadowed by falling profits, further exacerbating investor concerns.