Why is Pudumjee Paper falling/rising?

As of 09-Jul, Pudumjee Paper Products Ltd is currently priced at 126.25, reflecting a decrease of 1.0, or 0.79%. The stock has been underperforming, having fallen for the last two days with a total decline of 1.1%. Despite a recent positive trend, with an 8.70% increase over the past week and an 8.60% rise over the past month, the stock's year-to-date performance shows a significant decline of 29.57%. Additionally, while the stock has generated a modest return of 2.64% over the past year, its profits have decreased by 2.4%, indicating underlying challenges. The company has a low debt-to-equity ratio and a fair valuation, but it is trading at a premium compared to its peers, which may contribute to investor caution.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has only increased by 0.15% over the past week. The stock's liquidity appears adequate, with a 26.39% increase in delivery volume, suggesting some investor interest. However, the decline in institutional investor participation, with a 0.9% reduction in their stake, raises concerns about confidence in the company's long-term growth potential. Overall, while Pudumjee Paper has shown strong historical performance over three and five years, the recent negative financial results and falling institutional interest are likely influencing the current downward price movement.