Why is JK Paper falling/rising?

As of 18-Nov, JK Paper Ltd is experiencing a decline in its stock price, currently at 372.90, which reflects a decrease of 5.5 points or 1.45%. The stock has underperformed its sector by 0.69% today and has been on a consecutive downward trend for the last three days, accumulating a total decline of 2.78%. Over the past week, the stock has decreased by 2.33%, and its performance over the last month shows a significant drop of 7.15%. Despite a high management efficiency indicated by a return on capital employed (ROCE) of 17.67% and a low debt to EBITDA ratio of 1.45, the stock's profitability has sharply declined, with profits falling by 61.8% over the past year. This has contributed to a negative sentiment around the stock, even though it is trading at a discount compared to its peers.
In the broader market context, the Sensex has shown a positive return of 0.96% over the past week, contrasting sharply with JK Paper's negative performance. This indicates that while the overall market is gaining, JK Paper is lagging significantly behind, with a year-to-date return of -10.29% compared to the Sensex's gain of 8.36%. The stock's liquidity remains adequate, with a delivery volume increase of 23.73% against the five-day average, suggesting some investor interest despite the recent price decline. Overall, the combination of declining profits, underperformance relative to the market, and the stock's recent price movements contribute to the current downward trend in JK Paper's stock price.