Why is Mohit Paper Mill falling/rising?

As of 27-Oct, Mohit Paper Mills Ltd is experiencing a decline in its stock price, currently at Rs 31.90, which represents a decrease of 2.03 or 5.98%. Today's price summary indicates that the stock underperformed its sector by 4.59% and opened with a significant loss of 10.4%, reaching an intraday low of Rs 30.4. The stock has fallen after two consecutive days of gains, and trading volume has decreased sharply, with delivery volume dropping by 93.97% against the 5-day average. Over the past year, the stock has generated a return of -25.81%, while profits have only risen by 2.9%, indicating weak long-term fundamental strength with a low Return on Capital Employed (ROCE) of 4.99% and a high Debt to EBITDA ratio of 6.80 times.
In the broader market context, the stock has underperformed significantly compared to the benchmark, with a 1-year return of -25.81% against the BSE500's positive return of 5.53%. This stark contrast highlights the challenges faced by Mohit Paper Mills Ltd in attracting investor confidence, particularly given its flat results and poor growth metrics. Despite having an attractive valuation relative to peers, the company's weak long-term growth prospects and declining investor participation contribute to the stock's downward movement.