Why is Pudumjee Paper falling/rising?

As of 02-Sep, Pudumjee Paper Products Ltd is currently priced at 132.95, reflecting a slight increase of 0.05 (0.04%). The stock has been gaining for the last two days, with a total return of 0.61% during this period. However, it has underperformed its sector by 0.6% today. Despite a positive return of 11.16% over the past year, the company's profits have declined by 8.8%, indicating a potential concern for investors. The stock is trading at a premium compared to its peers, and while it has a low debt-to-equity ratio and a fair valuation, the falling investor participation, evidenced by a significant drop in delivery volume, may be impacting its price movement.
In the broader market context, Pudumjee Paper's short-term performance has been relatively weak compared to the benchmark, as it has declined by 2.85% over the past week while the Sensex has only fallen by 0.78%. However, over the longer term, the stock has outperformed the BSE500 in the last three years, one year, and three months, showcasing its strong market-beating performance. Despite the recent challenges, the stock's long-term growth trajectory remains robust, which may contribute to investor interest despite the current fluctuations.