Why is Orient Paper falling/rising?

As of 15-Jul, Orient Paper & Industries Ltd is currently priced at 29.28, reflecting a decrease of 0.12, or 0.41%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 2.95% during this period. In terms of returns, the stock has shown a negative performance of 1.08% over the past week, while it has gained 1.67% over the last month. However, the year-to-date performance is concerning, with a significant drop of 20.54%. The company has reported operating losses and negative results for the last three consecutive quarters, which has contributed to a weak long-term fundamental strength. The negative EBITDA and poor profitability metrics, such as a Return on Equity of only 1.38%, further exacerbate the stock's downward trajectory.
Broader market context indicates that while the Sensex has generated a positive return of 5.67% year-to-date, Orient Paper has drastically underperformed with a staggering decline of 20.54%. The stock's recent performance has also lagged behind the benchmark, as evidenced by its 1-year return of -48.09% compared to the Sensex's modest gain of 2.36%. Additionally, the falling investor participation, evidenced by a decrease in delivery volume, suggests a lack of confidence among investors, which is further reflected in the negligible stake held by domestic mutual funds. This combination of poor financial performance and weak market sentiment has contributed to the stock's decline.