Why is Balkrishna Paper falling/rising?

As of 20-Oct, Balkrishna Paper Mills Ltd is experiencing a decline in its stock price, currently at 22.51, reflecting a decrease of 0.39 or 1.7%. The stock has underperformed its sector by 2.48% today and has been on a consecutive downward trend for the last four days, resulting in a total drop of 4.13% during this period. Additionally, the stock's performance over the past year shows a decline of 9.05%, while it has fallen 9.71% year-to-date. Despite being higher than the 50-day, 100-day, and 200-day moving averages, it is lower than the 5-day and 20-day moving averages. There has also been a notable decrease in investor participation, with delivery volume dropping by 31.64% compared to the 5-day average.
In the broader market context, the stock's short-term performance has been unfavorable compared to the Sensex, which has gained 2.47% over the past week while Balkrishna Paper has lost 2.93%. This underperformance is indicative of a lack of investor confidence, particularly given the recent consecutive declines and reduced trading volume. The stock's liquidity remains adequate for trading, but the overall negative sentiment surrounding its recent performance and the broader market's positive trajectory may be contributing to its current price decline.