Why is Kay Power &Paper falling/rising?

As of 25-Sep, Kay Power & Paper Ltd is experiencing a decline in its stock price, currently at Rs 12.88, which reflects a decrease of Rs 1.2 or 8.52%. The stock has been underperforming, having lost 14.45% over the last three days and is trading below all its moving averages, indicating a bearish trend. Additionally, the stock's performance over the past week shows a significant drop of 12.32%, and year-to-date, it has plummeted by 65.09%. Although there has been a rise in investor participation with a delivery volume increase of 84.65% against the 5-day average, the overall sentiment remains negative, and there are no positive factors available to counterbalance this decline.
In the broader market context, the Sensex has only decreased by 2.23% over the past week, highlighting that Kay Power & Paper's decline is significantly steeper than the benchmark. This stark contrast indicates that the stock is not only underperforming relative to the market but also struggling to maintain investor confidence amidst its substantial losses over the past month and year. The stock's liquidity remains adequate for trading, but the persistent downward trend suggests that investors are cautious, further contributing to the stock's falling price.