Why is Astron Paper falling/rising?

As of 24-Sep, Astron Paper & Board Mill Ltd is experiencing a decline in its stock price, currently at 15.18, which reflects a decrease of 0.79 or 4.95%. The stock has underperformed its sector by 4.76% today and has seen a trend reversal after two consecutive days of gains. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, investor participation has decreased significantly, with delivery volume dropping by 55.08% compared to the 5-day average. The stock's performance over the past year shows a return of -32.47%, and it has consistently underperformed against the benchmark, with a staggering decline of 56.38% over the last three years. The company's weak financial fundamentals, including operating losses and a negative EBITDA, further contribute to the stock's downward movement.
In the broader market context, the stock's short-term return of -3.31% over the past week contrasts with the Sensex's decline of only 1.18%, indicating a significant underperformance relative to the market. The company's poor financial health, characterized by a high debt-equity ratio and low profitability, has led to a lack of investor confidence, exacerbating the stock's decline. With the majority of shareholders being non-institutional and the company's ability to service its debt being weak, the outlook remains negative, contributing to the stock's continued fall in price.