Why is Rama Paper Mills falling/rising?

As of 04-Jul, Rama Paper Mills Ltd is experiencing a decline in its stock price, currently at 13.73, which reflects a decrease of 0.72 or 4.98%. The stock has underperformed its sector significantly today, with a performance lag of 10.9%. Over the past week, the stock has dropped by 5.31%, while it has shown a modest increase of 6.02% over the past month. However, the long-term outlook remains bleak, with a year-to-date decline of 16.08% and a staggering 29.23% drop over the last three years. The company has not declared results in the last six months, and its financial health is concerning, with net sales declining at an annual rate of 27.07% and a negative EBITDA, indicating weak long-term fundamental strength.
In the broader market context, while the Sensex has shown a slight decline of 0.74% over the past week, the paper and paper products sector has gained by 5.96%, highlighting the stock's underperformance relative to its peers. The falling investor participation, evidenced by an 86.09% drop in delivery volume, further exacerbates the stock's decline. The company's high debt levels and poor profitability, with a reported PAT decline of 282.2%, contribute to its risky trading status compared to historical valuations. Overall, the combination of weak financial results, high debt, and negative investor sentiment has led to the stock's current downward trajectory.