Why is Sangal Papers falling/rising?

As of 10-Sep, Sangal Papers Ltd is experiencing a decline in its stock price, currently at Rs 238.50, which represents a decrease of Rs 11.5 or 4.6%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 11.27% during this period. Although it opened with a gain of 3.56% today and reached an intraday high of Rs 260, it ultimately touched a low of Rs 238.1. The stock's performance over the past week shows a decline of 6.38%, while it has gained 31.48% over the past month. Despite a positive profit growth of 32.7% over the past year, the stock has generated a negative return of 4.60%, indicating underlying weaknesses. Factors such as a high Debt to EBITDA ratio and a significant percentage of pledged promoter shares contribute to a negative outlook, overshadowing its attractive valuation metrics.
In the broader market context, Sangal Papers Ltd's recent performance contrasts sharply with the Sensex, which has increased by 1.06% over the past week. The stock's underperformance is further highlighted by its 3.88% decline relative to its sector today. The falling investor participation, with delivery volume dropping by 85.3% against the 5-day average, suggests waning interest among investors, which may exacerbate the stock's downward trend. Overall, while the stock has shown some positive indicators in terms of valuation and profit growth, the combination of weak long-term fundamentals and recent price movements indicates a challenging environment for Sangal Papers Ltd.