Why is JK Paper falling/rising?

As of 06-Oct, JK Paper Ltd is currently priced at 420.70, reflecting a decrease of 5.25, or 1.23%. The stock has recently experienced a trend reversal, falling after four consecutive days of gains. Despite this decline, it has outperformed its sector by 0.37% today. Over the past week, JK Paper has shown a strong return of 12.74%, significantly higher than the Sensex's 1.77% increase. However, the stock's performance over the past year has been negative, with a return of -14.13%, coinciding with a substantial profit decline of 63.1%. The company maintains a high management efficiency with a return on capital employed (ROCE) of 16.29%, and it is trading at a discount compared to its peers, which may provide some support for its valuation.
In the broader market context, JK Paper's short-term performance has been notably stronger than the benchmark, as evidenced by its 1-week return compared to the Sensex. The stock's liquidity is also favorable, with a significant increase in delivery volume, indicating rising investor participation. Despite the recent price drop, the stock remains above its moving averages, suggesting underlying strength. However, the negative annual return and profit decline could weigh on investor sentiment, contributing to the current price movement. Overall, while the stock has shown resilience in the short term, the longer-term challenges may be influencing its recent decline.