Why is Pudumjee Paper falling/rising?

As of 11-Sep, Pudumjee Paper Products Ltd is experiencing a rise in its stock price, currently at Rs 130.00, reflecting an increase of Rs 1.4 or 1.09%. The stock has shown a positive trend recently, gaining 2.36% over the last two days and outperforming its sector by 0.91%. Despite a decline of 0.76% over the past week, the stock has generated a return of 9.61% over the last year, although its profits have decreased by 8.8%. The company maintains a low Debt to Equity ratio of 0.02, and with a return on equity of 17.9, it is considered fairly valued, albeit trading at a premium compared to its peers.
In the broader market context, the Sensex has increased by 1.03% over the past week, indicating that while Pudumjee Paper's short-term performance has lagged behind the benchmark, it has shown resilience in the longer term with a 2.52% gain over the past month compared to the Sensex's 1.17%. The stock's consistent returns over the last three years, where it has outperformed the BSE500, suggest a degree of investor confidence, despite the lack of domestic mutual fund investment which may indicate caution regarding its long-term growth potential.