Why is Pudumjee Paper falling/rising?

As of 04-Sep, Pudumjee Paper Products Ltd is currently priced at 131.00, reflecting a slight decrease of -0.05, or -0.04%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of -1.47% during this period. In terms of returns, the stock has shown a -2.31% decline over the past week, while it has performed better over the past month with a gain of 4.55%. Despite generating an 8.89% return over the past year, the company's profits have decreased by -8.8%, indicating underlying challenges. Additionally, the stock is trading at a premium compared to its peers, which may contribute to investor caution. The low debt-to-equity ratio and consistent returns over the last three years suggest some stability, but the flat results reported in June and the minimal domestic mutual fund interest raise concerns about long-term growth prospects.
In the broader market context, the Sensex has increased by 0.80% over the past week, contrasting with Pudumjee Paper's decline. This underperformance against the benchmark indicates that investor sentiment may be more favorable towards other stocks in the market. The liquidity of Pudumjee Paper is adequate, with a delivery volume increase of 1.25% against the five-day average, but the overall market trend suggests that investors may be reallocating their capital to more promising opportunities. The combination of recent poor financial results and the lack of confidence from domestic mutual funds could be contributing to the stock's downward movement, despite its historical performance over longer periods.