Why is Agio Paper falling/rising?

As of 18-Aug, Agio Paper & Industries Ltd is experiencing a decline in its stock price, currently at 4.59, which reflects a decrease of 0.05 or 1.08%. The stock has underperformed its sector by 1.39% today and has shown erratic trading patterns, not trading on one day out of the last 20. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock has had a poor performance over the past month, with a return of -12.24%, and has significantly underperformed the benchmark Sensex, which has increased by 0.83% in the same period. The company's financial health is concerning, highlighted by a high debt-equity ratio of 6.49 times, weak long-term growth, and negative EBITDA, which contribute to its current weak market position.
In the broader market context, Agio Paper's short-term performance is notably worse than the benchmark, as it has declined by 1.08% over the past week while the Sensex has gained 0.83%. This underperformance is compounded by a significant drop in investor participation, with delivery volume falling by 49.38% against the 5-day average. The company's flat results in June, marked by the lowest recorded PBDIT and PBT, further indicate financial instability. Overall, the combination of high debt, poor sales growth, and negative earnings has led to a lack of investor confidence, resulting in the stock's downward trend.