Why is Rama Paper Mills falling/rising?

As of 09-Jul, Rama Paper Mills Ltd is currently priced at 13.05, showing no change (0.00%). The stock has underperformed its sector today by 0.32% and has not traded on one day out of the last 20 days, indicating erratic trading behavior. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a downward trend. Over the past week, the stock has declined by 5.30%, and it has also shown negative returns of 20.23% year-to-date and 11.88% over the past year. The company's weak long-term fundamentals, highlighted by a significant decline in net sales and operating profit, along with a high debt-to-equity ratio, contribute to its poor performance. Additionally, the company has not declared results in the last six months, further raising concerns among investors.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has gained 0.15% over the past week and 6.91% year-to-date. This underperformance is indicative of the company's struggles compared to the overall market. While there has been a slight increase in investor participation, as evidenced by a 20.91% rise in delivery volume, the overall sentiment remains negative due to the company's financial instability and lack of positive growth indicators. The stock's risky profile, characterized by negative EBITDA and declining profits, reinforces the perception of it being a strong sell in the current market environment.