Why is Agio Paper falling/rising?

As of 23-Jul, Agio Paper & Industries Ltd is experiencing a decline in its stock price, currently at 5.10, reflecting a decrease of 0.15 or 2.86%. The stock has underperformed its sector by 2.84% today and has shown erratic trading patterns, not trading on one day out of the last 20. Additionally, it is trading below all its moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 1.54%, and it has significantly underperformed the market over the past month and year, with returns of -32.45% and -11.92%, respectively. The company is facing challenges due to high debt levels, with a Debt-Equity Ratio of 6.49 times, and has shown weak long-term growth, with stagnant net sales and operating profit. This combination of factors contributes to the stock's recent decline.
In the broader market context, while the Sensex has shown a slight increase of 0.11% over the past week, Agio Paper's performance has been notably poor, highlighting its struggle against the benchmark. The stock's negative returns over the past year contrast sharply with the BSE500's positive return of 1.79%, further emphasizing its underperformance. The falling investor participation, as indicated by a significant drop in delivery volume, suggests a lack of confidence among investors, which is likely contributing to the stock's downward trajectory. Overall, the combination of high debt, poor growth prospects, and weak market performance paints a concerning picture for Agio Paper & Industries Ltd.