Why is Astron Paper falling/rising?

As of 10-Nov, Astron Paper & Board Mill Ltd is experiencing a decline in its stock price, currently at Rs. 9.04, which reflects a decrease of 0.47 or 4.94%. The stock has hit a new 52-week low today and has been on a consecutive downward trend for the last seven days, resulting in a total decline of 17.22% during this period. The stock is trading below all its moving averages, indicating a bearish trend. Additionally, the company is facing significant challenges, including operating losses, a weak debt servicing ability, and a negative EBITDA, which contribute to its poor performance. The stock has underperformed against the benchmark indices, with a staggering 60.78% decline year-to-date and a 59.62% drop over the past year. In the broader market context, the stock's performance has been notably worse than the Sensex, which has shown a slight increase of 6.91% year-to-date. Over the last week, while the Sensex has only fallen by 0.53%, Astron Paper's stock has plummeted by 11.89%, highlighting its severe underperformance. The declining investor participation, as evidenced by a 30.89% drop in delivery volume, further indicates a lack of confidence among investors. Overall, the combination of weak fundamentals, consistent underperformance against benchmarks, and a challenging market environment has led to the stock's significant decline.