Why is Emami Paper falling/rising?

As of 02-Jul, Emami Paper Mills Ltd is experiencing a decline in its stock price, currently at Rs 98.02, down by 1.63 (-1.64%). The stock has underperformed its sector by 1.81% today and has fallen after two consecutive days of gains. It reached an intraday low of Rs 96.57, reflecting a decrease of 3.09%. Over the past week, the stock has shown a modest increase of 1.51%, but it has underperformed over the last month with a slight decline of 0.29%. Year-to-date, the stock has significantly underperformed with a drop of 12.33%, and it has seen a substantial decline of 22.30% over the past year. The company's financial health is concerning, as it has reported a high Debt to EBITDA ratio of 3.57 times and negative results for the last three consecutive quarters, leading to a significant drop in profits.
In the broader market context, while the Sensex has increased by 0.79% over the past week and 2.50% over the last month, Emami Paper's performance has lagged behind, indicating a consistent underperformance against the benchmark. The stock's long-term growth prospects appear poor, with an annual operating profit decline of 7.43% over the last five years and a significant drop in profits by 69.1% over the past year. Additionally, the lack of investment from domestic mutual funds, which hold 0% of the company, suggests a lack of confidence in the stock's valuation and business prospects, further contributing to its downward price movement.