Why is Emami Paper falling/rising?

As of 26-Aug, Emami Paper Mills Ltd is experiencing a decline in its stock price, currently at 108.57, which reflects a decrease of 8.01 points or 6.87%. Today's price summary indicates that the stock opened with a gain of 2.08% but has since fallen after two consecutive days of gains, reaching an intraday low of Rs 107.88. The stock has shown high volatility with an intraday fluctuation of 5.13% and has underperformed its sector by 2.74%. Over the past week, the stock has gained 16.14%, while its one-year performance shows a significant decline of 16.55%. Despite trading above its moving averages, the stock's profits have plummeted by 79.6% over the last year, contributing to its negative sentiment.
In the broader market context, Emami Paper's recent performance contrasts with the Sensex, which has seen a slight decline of 1.05% over the past week. While the stock has outperformed the benchmark in the short term, its year-to-date return of -2.89% is underwhelming compared to the Sensex's positive return of 3.39%. The paper and paper products sector has also faced a downturn, falling by 4.13%, which may be influencing investor sentiment negatively. Overall, while there has been a notable increase in investor participation, the stock's significant profit drop and recent volatility suggest caution among investors.