Why is Orient Paper falling/rising?

As of 09-Jul, Orient Paper & Industries Ltd is currently priced at 30.17, reflecting an increase of 0.57 or 1.93%. The stock has shown a performance today that outperformed its sector by 1.61%, indicating a positive short-term movement. After two consecutive days of decline, the stock has gained, although it remains below its 200-day moving average. Despite this uptick, the stock has seen a significant decline over the past year, with a return of -47.08%, and has reported negative results for the last three consecutive quarters, including a substantial drop in profit before tax and net sales. The company's weak long-term fundamental strength, characterized by operating losses and a poor EBIT to interest ratio, further complicates its outlook.
In the broader market context, the stock's short-term return of +6.12% over the past week contrasts sharply with the Sensex, which has only increased by 0.15%. However, the stock has underperformed the market significantly over the last year, where the BSE500 has generated a return of 1.43%. Additionally, there has been a decline in institutional investor participation, which may indicate a lack of confidence in the company's fundamentals. This combination of factors suggests that while there may be a temporary rise in the stock price, the overall sentiment remains cautious due to the company's ongoing financial struggles and poor performance metrics.