Why is JK Paper falling/rising?

As of 21-Jul, JK Paper Ltd's stock price is currently at 383.20, reflecting a decrease of 4.8, or 1.24%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 2.89% during this period. In the past week, the stock has decreased by 0.42%, while over the last month, it has shown a positive return of 7.78%. However, the stock's performance over the past year has been significantly negative, with a decline of 30.48%. Despite a high management efficiency indicated by a return on capital employed (ROCE) of 16.29% and attractive valuations compared to peers, the stock's profits have plummeted by 63.5% over the past year, contributing to its recent price movement.
In the broader market context, JK Paper's recent performance has been weaker than the benchmark, with the Sensex showing a slight decline of only 0.06% over the past week. The stock's long-term growth prospects appear poor, as indicated by a negative operating profit growth rate of -3.75% over the last five years and negative results for the last four consecutive quarters. This underperformance is further highlighted by the stock's significant drop in profit before tax and profit after tax, which fell by 69.32% and 72.4%, respectively. Overall, while there are some positive indicators regarding management efficiency and valuation, the substantial declines in profitability and consistent underperformance against the market are driving the stock's current downward trend.