Why is Ruchira Papers falling/rising?

As of 24-Sep, Ruchira Papers Ltd is experiencing a decline in its stock price, currently at Rs 150.75, which reflects a decrease of Rs 8.95 or 5.6%. The stock has underperformed its sector by 5.41% today and has been on a consecutive downward trend for the last three days, resulting in a total drop of 10.77% during this period. The stock reached an intraday low of Rs 148.35, and trading volume has decreased significantly, with delivery volume falling by 61.16% compared to the five-day average. Despite this recent decline, the stock has shown positive performance over the longer term, with a year-to-date increase of 16.95% and a one-year return of 12.50%. The company has also demonstrated strong financial health, with a low Debt to EBITDA ratio and consistent profit growth, which could support its valuation despite the current price drop.
In the broader market context, Ruchira Papers has underperformed the benchmark index, Sensex, which has only declined by 1.18% over the past week, while the stock has fallen by 9.38% in the same timeframe. This indicates a significant divergence from market trends, suggesting company-specific issues may be influencing its stock performance. However, the stock's long-term performance remains robust, outperforming the broader market over one year and five years, which may attract investors looking for value despite the recent volatility. The high dividend yield of 3.13% at the current price also adds to its appeal, potentially providing a cushion against the recent price decline.