Why is JK Paper falling/rising?

As of N/A, JK Paper Ltd is currently priced at 384.65, reflecting an increase of 1.45 or 0.38%. Unfortunately, today's price summary data is not available, which limits the ability to provide a detailed analysis of recent trading activity. Over the past week, the stock has decreased by 2.42%, while it has shown a positive return of 8.18% over the past month. Despite this recent uptick, the stock has significantly underperformed over the past year, with a decline of 32.40%. The company's management efficiency is highlighted by a high ROCE of 16.29%, and it is trading at a discount compared to its peers. However, the stock has faced challenges, including a 63.5% drop in profits over the past year and negative results for the last four consecutive quarters, which have contributed to its overall decline.
In the broader market context, JK Paper's performance has been notably weaker than the benchmark, as evidenced by its 32.40% decline compared to a 2.09% increase in the Sensex over the past year. While the stock has shown some resilience with an 8.18% gain in the last month, it still lags behind the market's performance, which has generated a return of 0.99% in the same timeframe. This underperformance, coupled with poor long-term growth prospects and declining profits, suggests that investor sentiment may remain cautious despite the recent price increase.