Why is Rama Paper Mills falling/rising?

As of 13-Jun, Rama Paper Mills Ltd is experiencing a price increase, with the current price at 13.45, reflecting a rise of 0.55 or 4.26%. The stock has shown a positive trend recently, gaining 8.91% over the last two days and outperforming its sector by 4.9% today. However, despite this short-term gain, the company has a concerning long-term outlook, characterized by a negative book value and weak fundamental strength. Over the past five years, net sales have declined at an annual rate of -27.07%, and the company has a high debt-to-equity ratio of 5.69 times. Recent financial results indicate significant losses, with net sales dropping by 63% and a substantial fall in profit before tax and profit after tax, raising concerns about its sustainability.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has gained 3.46% over the past week while the Sensex has declined by 1.30%. However, the stock has underperformed the benchmark over the longer term, with a year-to-date return of -17.79% compared to the Sensex's gain of 3.81%. This consistent underperformance over the last three years, coupled with negative EBITDA and declining investor participation, suggests that while there may be short-term gains, the overall market sentiment regarding Rama Paper Mills remains cautious.