Why is JK Paper falling/rising?

As of 18-Sep, JK Paper Ltd's stock price is currently at 395.15, reflecting a decrease of 2.45, or 0.62%. The stock has underperformed its sector today by 0.26% and has been on a downward trend for the last two days, resulting in a total decline of 1.06% during this period. Despite this recent decline, JK Paper is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating some underlying strength. However, the stock has faced challenges over the past year, with a significant return of -13.34% and a notable profit drop of 63.1%. The company is trading at a discount compared to its peers, which could suggest attractive valuation opportunities, but the overall negative returns may be weighing on investor sentiment.
In the broader market context, JK Paper's short-term performance has lagged behind the benchmark Sensex, which has gained 1.80% over the past week, while JK Paper has only decreased by 0.39%. This underperformance relative to the benchmark may contribute to the stock's recent price decline. Additionally, while the stock has shown rising investor participation with a 42.42% increase in delivery volume, the overall market sentiment and the company's declining profits could be influencing the stock's movement negatively. Despite being the largest company in its sector and having a high management efficiency with a ROCE of 16.29%, these factors may not be sufficient to counterbalance the recent negative trends in stock performance.