Why is Seshasayee Paper falling/rising?

As of 26-Jun, Seshasayee Paper & Boards Ltd is currently priced at 302.30, reflecting a decrease of 0.7 or 0.23%. The stock has underperformed its sector today by 0.57%, despite trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a positive return of 5.40%, but it has struggled in the longer term, with a year-to-date decline of 1.32% and a significant drop of 12.36% over the past year. The company has a low debt-to-equity ratio and high institutional holdings at 27.42%, indicating some level of confidence among larger investors. However, the company has reported negative results for the last seven consecutive quarters, with a substantial decline in operating profit and return on capital employed, contributing to its poor long-term growth outlook.
In the broader market context, while the Sensex has gained 2.94% over the past week and 7.19% year-to-date, Seshasayee Paper's performance has lagged behind, particularly in the last year where it has underperformed the market significantly, generating negative returns of 12.36% compared to the BSE 500's positive return of 4.11%. This underperformance, combined with declining investor participation and a high valuation relative to its peers, suggests that the stock's recent price movement is influenced by a lack of confidence in its future profitability and growth potential, despite some positive short-term trends.