Why is Kuantum Papers falling/rising?

As of 11-Jun, Kuantum Papers Ltd's stock price is currently at Rs 118.80, reflecting an increase of Rs 2.8 or 2.41%. The stock has outperformed its sector today by 0.83%, reaching an intraday high of Rs 119.85. Over the past week, the stock has shown a return of +4.49%, and +16.93% over the last month, indicating a positive short-term performance compared to the Sensex, which returned +1.87% and +3.85% respectively. However, the stock has faced challenges with a significant decline in investor participation, as evidenced by a 41.49% drop in delivery volume compared to the 5-day average. Additionally, despite its attractive valuation metrics, the company has reported negative results for six consecutive quarters, with a notable decline in profits of -37.3% over the past year.
Broader market context indicates that while Kuantum Papers has shown some positive short-term returns, it has underperformed significantly over the longer term, with a -22.50% return over the past year compared to the Sensex's +7.92%. This underperformance, coupled with a high Debt to EBITDA ratio of 6.89 times and low profitability metrics, raises concerns about the company's financial health and ability to service its debt. Furthermore, the stock's technical indicators are in a mildly bearish range, suggesting that despite recent gains, the overall sentiment may remain cautious among investors, particularly given the low domestic mutual fund interest in the company.