Why is Pudumjee Paper falling/rising?

As of 23-Jun, Pudumjee Paper Products Ltd is experiencing a decline in its stock price, currently at Rs 108.90, which reflects a decrease of Rs 2.25 or 2.02%. Today's price summary indicates that the stock underperformed its sector by 1.28%, touching an intraday low of Rs 108.55. The stock's performance over the past week shows a decline of 2.77%, while it has seen a modest increase of 2.88% over the past month. However, year-to-date, the stock has significantly underperformed with a drop of 39.25%. The company has a low Debt to Equity ratio of 0.02, and while it has a fair valuation with a return on equity of 16.4, its profits have fallen by 2.4% over the past year, contributing to the negative sentiment around the stock.
In the broader market context, the Sensex has shown a slight increase of 0.12% over the past week, contrasting with Pudumjee Paper's decline. The stock's recent performance has been affected by falling participation from institutional investors, who have reduced their stake by 0.9%, indicating a lack of confidence in the company's long-term growth prospects. Additionally, the company's net sales growth has been stagnant at an annual rate of 6.00% over the last five years, and recent financial results have shown a significant drop in profitability, with a 44.51% decrease in profit after tax over the last six months. This combination of factors has led to a negative outlook for the stock, contributing to its current downward trend.