Why is Sh. Karthik Pap. falling/rising?

As of 29-Jul, Shree Karthik Papers Ltd is experiencing a decline in its stock price, currently at 8.74, reflecting a decrease of 0.5 or 5.41%. The stock has underperformed its sector by 6.79% today and is trading below all key moving averages, indicating a bearish trend. Over the past week, the stock has dropped by 2.46%, and it has seen a significant decline of 9.71% over the past month. The company's returns have been disappointing, with a year-to-date drop of 25.93% compared to a 4.09% increase in the Sensex. Additionally, the stock's profitability has worsened, with a 33% decrease in profits over the past year, contributing to its negative performance.
Broader Market Context: In the context of the broader market, Shree Karthik Papers Ltd's short-term performance has lagged behind the benchmark, with a 1-week decline of 2.46% compared to the Sensex's smaller drop of 1.03%. The company's high debt levels, reflected in a Debt-Equity Ratio of 7.38, and weak long-term growth prospects further exacerbate its challenges. Despite trading at a discount compared to its peers, the stock's weak fundamentals and declining investor participation, evidenced by a 20.6% drop in delivery volume, suggest a lack of confidence among investors, leading to its current downward trajectory.