Why is Kuantum Papers falling/rising?

As of 26-Sep, Kuantum Papers Ltd's stock price is currently at Rs 113.50, reflecting a decrease of Rs 1.5 or 1.3%. Today, the stock opened with a gain of 2.39%, reaching an intraday high of Rs 117.75 before falling to a low of Rs 110.5. Despite this fluctuation, the stock has outperformed its sector by 0.96%. Over the past week, the stock has shown a positive return of 2.95%, while its year-to-date performance remains negative at -8.32%. The company has faced significant challenges, including a high Debt to EBITDA ratio of 6.89 times and a decline in profits by 43.2%, contributing to a negative sentiment around the stock.
Broader Market Context: In comparison to the benchmark Sensex, which has seen a decline of 2.66% over the past week, Kuantum Papers' recent performance is relatively better. However, the stock has underperformed the market significantly over the past year, with a return of -18.32% compared to the Sensex's -6.30%. The broader paper and paper products sector has also faced a downturn, falling by 2.25%. The lack of confidence from domestic mutual funds, which hold only 0.01% of the company, further indicates a cautious outlook on Kuantum Papers amidst its ongoing financial struggles and negative quarterly results.