Why is Pudumjee Paper falling/rising?

As of 20-Aug, Pudumjee Paper Products Ltd is experiencing a decline in its stock price, currently at 132.60, which reflects a decrease of 0.5 or 0.38%. Today's price summary indicates that the stock has underperformed its sector by 0.64% and has seen a trend reversal after two consecutive days of gains. Despite this recent downturn, Pudumjee Paper has shown strong performance over the past week and month, with returns of 5.87% and 8.60%, respectively. The stock is trading above its moving averages across various time frames, and there has been a notable increase in investor participation, with delivery volume rising by 21.04% compared to the five-day average. However, the stock's year-to-date performance remains negative at -26.03%, and profits have fallen by 8.8% over the past year, which may contribute to investor caution.
In the broader market context, Pudumjee Paper's short-term performance has significantly outpaced the Sensex, which has only increased by 1.64% over the past week and 0.12% over the past month. This indicates that while the stock has been volatile recently, it has generally performed well compared to the benchmark in the short term. The company's low debt-to-equity ratio and consistent returns over the last three years suggest a stable financial position, yet the stock is trading at a premium compared to its peers, which could be a factor in its recent price movement. Overall, while the stock has shown resilience in the long term, the recent decline may reflect profit-taking or concerns over its profitability despite positive historical returns.