Why is Emami Paper falling/rising?

As of 08-Jul, Emami Paper Mills Ltd is experiencing a decline in its stock price, currently at Rs 108.22, which reflects a decrease of Rs 1.61 or 1.47%. The stock has underperformed its sector by 1.28% today and has fallen after two consecutive days of gains. It reached an intraday high of Rs 113 but also touched a low of Rs 106.19, indicating volatility. Over the past week, the stock has shown a return of +8.60%, while its performance over the last month is +8.77%. However, the stock has significantly underperformed over the longer term, with a year-to-date return of -3.20% and a one-year return of -26.43%. The company has a high Debt to EBITDA ratio of 3.57 times, indicating a low ability to service debt, and has reported negative results for the last three consecutive quarters, which has contributed to investor concerns.
In the broader market context, the Sensex has shown a modest increase of 0.02% over the past week, contrasting with Emami Paper's stronger short-term performance. However, the stock's long-term underperformance is notable, as it has consistently lagged behind the benchmark over the last three years, with a return of -26.43% compared to the Sensex's +4.69%. The lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence in the company's prospects, further impacting its stock price negatively. Despite a very attractive valuation and rising investor participation indicated by increased delivery volume, the overall sentiment remains cautious due to the company's declining profits and poor long-term growth outlook.