Why is Kuantum Papers falling/rising?

As of 23-Jul, Kuantum Papers Ltd is currently priced at 132.50, reflecting an increase of 0.65 (0.49%). The stock has shown positive momentum, having outperformed its sector by 0.51% today and achieving a consecutive gain over the last two days with a total return of 4.17%. In the past week, the stock has risen by 3.72%, and over the past month, it has increased by 18.83%. Despite these gains, the company has faced challenges, including a significant decline in profits over the past year and a high Debt to EBITDA ratio of 6.89 times, indicating low ability to service debt. Additionally, the stock has underperformed in the long term, with a negative return of -15.34% over the past year, which may contribute to cautious investor sentiment.
In the broader market context, Kuantum Papers has outperformed the Sensex in the short term, with a 1-week return of 3.72% compared to the benchmark's 0.11%. However, the stock's long-term performance remains concerning, as it has underperformed the BSE500 index, which generated a return of 1.79% over the past year. The low participation from domestic mutual funds, holding only 0.01% of the company, suggests a lack of confidence in the stock's future prospects. Overall, while recent price movements indicate some positive short-term trends, the underlying financial challenges and poor long-term growth prospects continue to weigh on investor sentiment.