Why is Rama Paper Mills falling/rising?

As of 25-Aug, Rama Paper Mills Ltd is currently priced at 13.23, reflecting an increase of 0.23 or 1.77%. Despite this uptick, the stock has underperformed its sector significantly, with a performance today that is 7.24% lower than the sector average. Over the past week, the stock has seen a decline of 0.38%, and it has experienced a substantial drop of 19.13% year-to-date. The company has not declared results in the last six months, which raises concerns about its long-term fundamental strength. Additionally, the stock has reported negative growth in net sales and operating profit over the last five years, alongside a high debt-to-equity ratio, indicating financial instability. The recent negative EBITDA and poor quarterly results further contribute to a perception of risk surrounding the stock.
In the broader market context, the Sensex has gained 0.45% over the past week, contrasting with the stock's decline, which highlights its underperformance relative to the market. The paper and paper products sector has seen a gain of 9.18%, yet Rama Paper Mills has not benefited from this trend, as evidenced by its negative returns over various periods, including a 40.67% decline over the last three years. The rising investor participation, indicated by a significant increase in delivery volume, suggests some interest in the stock; however, the overall weak fundamentals and erratic trading patterns continue to overshadow this interest, leading to a cautious outlook for potential investors.