Why is S I Paper Mills falling/rising?

As of 28-Oct, South India Paper Mills Ltd is experiencing a decline in its stock price, currently at Rs 85.75, reflecting a decrease of Rs 2.54 or 2.88%. The stock has underperformed its sector by 2.68% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 6.01% during this period. Despite reaching an intraday high of Rs 92, the stock also touched a low of Rs 84.2. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there has been a significant drop in investor participation, with delivery volume falling by 37.26% compared to the 5-day average, indicating reduced interest from investors.
In the broader market context, South India Paper Mills has shown a strong short-term performance with a 1-week return of 13.55%, significantly outperforming the Sensex, which only increased by 0.24%. However, the stock's year-to-date performance remains negative at -19.86%, contrasting with the Sensex's positive return of 8.30%. This disparity highlights the stock's struggles over a longer period, particularly in comparison to the benchmark's performance over 1 year and 3 years, where the stock has underperformed significantly. The combination of recent price declines, reduced trading volume, and overall negative sentiment may be contributing to the stock's current downward trajectory.