Why is Astron Paper falling/rising?

As of 19-Sep, Astron Paper & Board Mill Ltd is experiencing a decline in its stock price, currently at 15.15, reflecting a decrease of 0.1 or 0.66%. The stock has underperformed its sector today by 0.36% and has been on a downward trend for the past three days, accumulating a total loss of 4.96%. Over the past week, the stock has seen a significant drop of 5.02%, while its year-to-date performance shows a staggering decline of 34.27%. The company is trading below all its moving averages, indicating a persistent bearish trend. Additionally, the delivery volume has sharply decreased by 51.97% compared to the five-day average, suggesting a lack of investor interest. The company's financial health is concerning, with operating losses and a weak ability to service its debt, as indicated by a negative EBIT to interest ratio of -0.46 and a low return on equity of 2.07%.
In the broader market context, while the Sensex has gained 0.88% over the past week, Astron Paper's performance has been notably poor, highlighting its consistent underperformance against the benchmark over the last three years. The stock's returns have been negative across various time frames, including a 34.95% drop over the past year, which is significantly worse than the Sensex's slight decline of 0.67%. The company's high debt-equity ratio of 0.85 and low cash reserves further exacerbate its risk profile, making it a risky investment compared to historical valuations. Overall, the combination of weak financial fundamentals, declining investor participation, and consistent underperformance against market benchmarks contributes to the stock's downward trajectory.