Why is Pudumjee Paper falling/rising?

As of 26-Aug, Pudumjee Paper Products Ltd is experiencing a decline in its stock price, currently at Rs 136.85, which reflects a decrease of Rs 5.75 or 4.03%. The stock has shown a mixed performance recently, with a 2.82% increase over the past week and a notable 13.66% rise over the last month. However, it has a year-to-date decline of 23.65%. Today's trading saw the stock reach an intraday high of Rs 145.45 before falling to its current price, indicating volatility. Despite this drop, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company has a low debt-to-equity ratio and a fair valuation, but its profits have decreased by 8.8% over the past year, which may contribute to investor caution.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has declined by 1.05% over the past week. While Pudumjee Paper has outperformed the benchmark in the long term, its current decline aligns with a sector-wide drop of 4.13% in the Paper & Paper Products sector. The rising investor participation, indicated by a significant increase in delivery volume, suggests that there is still interest in the stock despite its recent price drop. Overall, while the stock has shown strong long-term performance, the recent profit decline and sector weakness may be influencing its current downward movement.