Why is Sangal Papers falling/rising?

As of 01-Oct, Sangal Papers Ltd is experiencing a decline in its stock price, currently at Rs 197.60, reflecting a decrease of Rs 10.4 or 5.0%. The stock has underperformed its sector by 6.75% today and has been on a downward trend for the last three days, accumulating a total return of -13.82% over the past week. Additionally, the stock opened with a loss of 5% and has not shown any price range movement throughout the day. It is trading below all key moving averages, indicating a bearish trend. Despite a rise in delivery volume, the stock's long-term fundamentals are weak, with a high debt to EBITDA ratio and a significant portion of promoter shares pledged, contributing to the downward pressure on its price.
In the broader market context, Sangal Papers has significantly underperformed compared to the benchmark, with a one-year return of -33.91% against the BSE500's -5.88%. Over the past month, while the stock has fallen by 17.32%, the benchmark has shown a slight increase of 0.77%. This stark contrast highlights the stock's struggle in a generally stable market environment. The company's weak long-term growth prospects and poor ability to service debt further exacerbate its challenges, leading to a lack of investor confidence and contributing to the ongoing decline in its stock price.