Why is Seshasayee Paper falling/rising?

As of 14-Jul, Seshasayee Paper & Boards Ltd is currently priced at 296.00, reflecting an increase of 1.6 (0.54%). The stock has shown a trend reversal by gaining after two consecutive days of decline, outperforming its sector by 0.99%. Despite this positive movement today, the stock has experienced a -3.39% decline over the past week and a -19.04% drop over the last year, indicating a significant underperformance compared to the benchmark. The company has a low Debt to Equity ratio and high institutional holdings at 27.42%, suggesting some confidence from larger investors. However, the stock's long-term growth prospects are poor, with operating profit declining at an annual rate of -22.19% over the last five years and negative results reported for the last seven consecutive quarters.
Broader market context indicates that while the stock has gained today, it has underperformed the broader market significantly over the past year, with the Sensex generating a positive return of 2.15% compared to the stock's -19.04%. The stock's recent performance is also affected by falling investor participation, as evidenced by a 67.42% drop in delivery volume against the five-day average. Despite being liquid enough for trading, the overall sentiment remains cautious due to the company's declining profitability and high valuation relative to its peers.