Why is Agio Paper falling/rising?

As of 22-Jul, Agio Paper & Industries Ltd is currently priced at 5.25, reflecting a slight increase of 0.02 (0.38%). The stock has shown erratic trading patterns, having not traded on 2 out of the last 20 days, and its delivery volume has significantly decreased by 91.72% compared to the 5-day average. Despite a recent performance that outperformed its sector by 0.97%, the stock has experienced a substantial decline of 32.43% over the past month and a year-to-date drop of 26.16%. The company is facing challenges with high debt, as indicated by a Debt-Equity Ratio of 6.49 times, and has shown poor long-term growth, with net sales and operating profit stagnating over the last five years. This weak fundamental strength, coupled with negative EBITDA and a significant underperformance relative to the broader market, has contributed to the stock's recent struggles.
In the broader market context, Agio Paper's short-term performance has been relatively better than the benchmark, with a 1-week return of +1.35% compared to the Sensex's -0.47%. However, the stock has underperformed the market over the past year, generating a return of -11.02% while the BSE500 has returned +0.99%. This stark contrast highlights the ongoing challenges faced by Agio Paper, particularly in terms of investor confidence and participation, which have been declining. The combination of high debt, weak growth prospects, and poor historical performance suggests that the stock remains a risky investment, despite its minor uptick in price.