Why is Malu Paper falling/rising?

As of 17-Jul, Malu Paper Mills Ltd's stock price is currently at 41.10, reflecting an increase of 0.15 or 0.37%. The stock's performance today is in line with its sector, and it is trading above its 50-day and 100-day moving averages, although it is below its 5-day, 20-day, and 200-day moving averages. Notably, there has been a significant rise in investor participation, with delivery volume increasing by 149.31% against the 5-day average. However, despite a positive monthly return of 6.86%, the stock has underperformed over the year with a decline of 4.04%, and it has shown weak long-term fundamentals due to high debt levels and negative EBITDA.
In the broader market context, while the Sensex has seen a modest decline of 1.12% over the past week, Malu Paper's performance has been worse, with a drop of 2.03%. The company's high debt-to-equity ratio of 136.01 times raises concerns about its long-term viability, compounded by poor growth in net sales and operating profit over the last five years. Additionally, the stock has consistently underperformed against the benchmark indices over the past three years, which may contribute to investor caution despite the recent uptick in price.