Why is Malu Paper falling/rising?

As of 08-Jul, Malu Paper Mills Ltd's stock price is currently at Rs 41.84, reflecting a decrease of Rs 1.26 or 2.92%. Today's price summary indicates that the stock has underperformed its sector by 2.73% and has experienced a trend reversal, falling after two consecutive days of gains. The stock opened with a gain of 2% but reached an intraday low of Rs 41.06, indicating volatility. Over the past week, the stock has declined by 3.88%, while it has shown a positive return of 6.19% over the past month. However, the company faces significant challenges, including a high debt-to-equity ratio of 136.01, weak long-term growth, and negative EBITDA, which contribute to its current price decline.
In the broader market context, the Sensex has remained relatively stable, with a slight increase of 0.02% over the past week, contrasting with Malu Paper's decline. While the stock has generated a return of 7.86% over the past year, it has underperformed compared to the benchmark's return of 4.69%. The company's poor long-term fundamentals, including flat results and a significant drop in profits, further exacerbate its stock performance. Despite a rise in investor participation, the overall sentiment remains cautious due to the company's financial instability, leading to the stock's current downward trend.