Why is Seshasayee Paper falling/rising?

As of 27-Jun, Seshasayee Paper & Boards Ltd is experiencing a decline in its stock price, currently at 300.05, which reflects a decrease of 2.25 or 0.74%. The stock has underperformed its sector by 1.25% today and has been on a downward trend for the last two days, accumulating a total loss of 0.97% during this period. Over the past week, the stock has decreased by 1.83%, while it has shown a modest gain of 4.24% over the past month. However, the longer-term perspective reveals a concerning trend, with a year-to-date decline of 2.06% and a significant drop of 11.49% over the past year. The company has reported negative results for the last seven consecutive quarters, with a substantial decline in operating profit and a very expensive valuation compared to its peers, which contributes to the stock's recent poor performance.
In the broader market context, the Sensex has performed positively, gaining 2.00% over the past week and 3.07% over the past month, while the stock has lagged behind these benchmarks. The stock's performance is further compounded by a falling investor participation, as evidenced by a 69.02% drop in delivery volume compared to the five-day average. Despite having a low debt-to-equity ratio and high institutional holdings at 27.42%, the company’s long-term growth prospects appear bleak, with a significant decline in profits and returns that have not kept pace with the broader market. This combination of underperformance and negative financial indicators suggests that investor confidence in Seshasayee Paper is waning, contributing to its current price decline.