Why is Emami Paper falling/rising?

As of 03-Sep, Emami Paper Mills Ltd is experiencing a decline in its stock price, currently at Rs 104.70, down by Rs 1.4 or 1.32%. The stock has underperformed its sector by 1.17% today and has been on a downward trend for the last two days, accumulating a total loss of 3.28%. It opened with a significant gap down of 4.62%, reaching an intraday low of Rs 101.2. The stock's performance over the past week shows a decline of 3.56%, while it has gained 9.93% over the past month. However, the stock has faced substantial challenges, including a 19.80% drop over the past year and a staggering 41.20% decline over the last three years. The company's profitability has also been a concern, with a 79.6% fall in profits over the past year, contributing to its negative sentiment among investors.
In the broader market context, Emami Paper's recent performance contrasts sharply with the Sensex, which has shown a slight decline of only 0.27% over the past week and a positive return of 3.11% year-to-date. This consistent underperformance against the benchmark, coupled with a high Debt to EBITDA ratio of 3.78 times and negative results for the last four consecutive quarters, has raised red flags for investors. The lack of domestic mutual fund investment, which stands at 0%, further indicates a lack of confidence in the company's prospects. Overall, the combination of poor financial metrics, declining investor participation, and a challenging market environment has led to the stock's current downward trajectory.