Why is Pudumjee Paper falling/rising?

As of 10-Jul, Pudumjee Paper Products Ltd is experiencing a decline in its stock price, currently at 125.50, which reflects a decrease of 0.75 or 0.59%. The stock has been underperforming recently, having fallen for the last three days with a total decline of 1.68%. Despite outperforming its sector by 0.6% today, the stock's delivery volume has decreased significantly by 28.22% compared to the 5-day average, indicating a drop in investor participation. Over the past week, the stock has shown a positive return of 8.10%, and over the last month, it has increased by 9.18%. However, its year-to-date performance remains poor, with a decline of 29.99%. The company's low debt-to-equity ratio and fair valuation with a return on equity of 16.4% suggest some stability, but the stock is trading at a premium compared to its peers.
In the broader market context, while Pudumjee Paper has shown strong long-term performance with a 235.11% increase over three years, its recent performance contrasts with the Sensex, which has remained relatively stable with a slight decline of 0.06% over the past week. The stock's annual return of 4.58% is modest compared to the Sensex's 4.09%, indicating that while it has outperformed the benchmark in the long term, it is struggling in the short term. Additionally, the decline in institutional investor participation, with a 0.9% reduction in their stake, raises concerns about the stock's attractiveness to more knowledgeable investors, further contributing to its recent price decline.