Why is Balkrishna Paper falling/rising?

As of 02-Sep, Balkrishna Paper Mills Ltd is experiencing a price increase, currently at 22.99, reflecting a rise of 0.62 or 2.77%. The stock has shown strong performance recently, gaining 8.55% over the last two days and outperforming its sector by 2.13% today. Additionally, it has performed well over the past week and month, with returns of +5.46% and +11.87%, respectively. However, the company faces challenges, including a negative book value and weak long-term growth, with net sales declining at an annual rate of -53.67% over the last five years. The stock's high debt levels and negative EBITDA further contribute to its risky profile, despite the recent short-term gains.
In the broader market context, while the stock has outperformed the Sensex in the short term, it has underperformed over the longer term, with a year-to-date return of -7.78% compared to the Sensex's +2.58%. The stock's performance over the past year has been particularly poor, with a decline of -15.42%, significantly worse than the market's average decline of -4.82%. This disparity highlights the stock's volatility and the challenges it faces in maintaining investor confidence, despite recent positive movements.