Why is Pudumjee Paper falling/rising?

As of 12-Sep, Pudumjee Paper Products Ltd is experiencing a decline in its stock price, currently at Rs 128.75, down by Rs 1.25 or 0.96%. Today's performance indicates that the stock has underperformed its sector by 0.78%, and it has fallen after two consecutive days of gains. The stock touched an intraday low of Rs 127.05, reflecting a decrease of 2.27%. Over the past week, the stock has decreased by 0.19%, while it has shown a modest gain of 2.63% over the past month. Despite a positive return of 6.85% over the last year, the company's profits have declined by 8.8%, which may contribute to investor concerns. Additionally, the stock is trading at a premium compared to its peers, and there has been a significant drop in investor participation, with delivery volume falling by 43.96% against the 5-day average.
In the broader market context, the Sensex has increased by 1.48% over the past week, indicating that Pudumjee Paper's recent performance is lagging behind the benchmark. While the stock has outperformed the BSE500 over the longer term, its recent underperformance and flat results in the latest quarter, including a significant drop in profit after tax, may be causing investors to reassess its value. Furthermore, the lack of domestic mutual fund investment could signal a lack of confidence in the company's growth prospects, contributing to the downward pressure on the stock price.