Why is Mohit Paper Mill falling/rising?

As of 20-Oct, Mohit Paper Mills Ltd is experiencing a price increase, currently at Rs 32.20, which reflects a rise of Rs 1.2 or 3.87%. Today's price summary indicates that the stock opened with a gain of 2% and reached an intraday high of Rs 34.95, marking a significant increase of 12.74%. However, it also touched a low of Rs 30, indicating high volatility with an intraday fluctuation of 7.6%. Despite the positive movement today, the stock has shown a year-to-date decline of 21.84% compared to the Sensex's gain of 7.97%. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 64.18% against the 5-day average, which may impact future price stability.
In the broader market context, while Mohit Paper Mills has outperformed its sector by 3.09% today, its short-term return over the past week is +1.42%, which is lower than the Sensex's return of +2.47%. This suggests that although the stock is rising today, it is not keeping pace with the overall market performance in the short term. The stock's performance over the last month shows a gain of 7.12%, again outperforming the Sensex's 2.10% increase, indicating some positive momentum. However, the long-term performance remains concerning, with a significant drop over the year, suggesting that while there may be short-term gains, the overall trend could still be influenced by broader market conditions and declining investor interest.