Why is N R Agarwal Inds falling/rising?

As of 04-Jul, N R Agarwal Industries Ltd is currently priced at 375.00, reflecting a decrease of 2.0, or 0.53%. The stock has been underperforming, having fallen for the last three days with a total decline of 3.33%. It has also underperformed its sector by 6.45% today. Despite this recent downturn, the stock has shown strong performance over the past week, gaining 6.44%, and over the past month, it has increased by 49.58%. However, the company has faced challenges, including a significant drop in profits by 85.9% over the past year, which has contributed to a year-over-year return of -23.30%. The stock is trading at a discount compared to its peers, but the low Debt to Equity ratio and attractive valuation may not be enough to offset the recent negative sentiment.
In the broader market context, while the stock has experienced short-term gains, it has still underperformed relative to the Sensex, which has seen a slight decline of 0.74% over the past week. The paper and paper products sector has gained by 5.96%, indicating that the overall market sentiment may not be as negative as the stock's performance suggests. Additionally, the falling investor participation, with delivery volume dropping by 81.7% against the 5-day average, indicates a lack of confidence among investors, which could further pressure the stock price. Overall, while there are some positive factors regarding valuation, the recent price movement reflects a combination of poor profit performance and declining investor interest.