Why is Malu Paper falling/rising?

As of 02-Jul, Malu Paper Mills Ltd is experiencing a slight decline in its stock price, currently at 43.50, which reflects a decrease of 0.03 or 0.07%. The stock has shown a trend reversal, falling after two consecutive days of gains. Despite this recent dip, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating some underlying strength. Over the past year, the stock has outperformed the market with a return of 17.38%, significantly higher than the BSE500's return of 3.11%. However, the company faces challenges such as a high debt-to-equity ratio of 136.01 times, poor long-term growth metrics, and a negative EBITDA, which contribute to its risky profile and may deter investors.
In the broader market context, Malu Paper's short-term performance over the past week has been strong, with a return of 7.54%, compared to the Sensex's modest gain of 0.79%. This indicates that while the stock has been performing well relative to the market recently, the overall sentiment may be affected by its high debt levels and weak long-term fundamentals. The decline in investor participation, as evidenced by a drop in delivery volume, further suggests that market confidence may be wavering, impacting the stock's price movement despite its recent positive performance.