Why is Sh. Karthik Pap. falling/rising?

As of 24-Oct, Shree Karthik Papers Ltd is experiencing a decline in its stock price, currently at 8.71, reflecting a decrease of 0.33 or 3.65%. The stock has underperformed significantly today, with a performance that is 3.05% lower than its sector. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also seen a drastic drop of 72.2% compared to the 5-day average, suggesting a lack of investor interest. Over the past year, the stock has declined by 21.53%, while it has fallen 26.19% year-to-date, highlighting ongoing challenges for the company.
In the broader market context, the stock's short-term performance is notably worse than the benchmark, as it has decreased by 5.33% over the past week, while the Sensex has gained 0.31%. This stark contrast indicates that Shree Karthik Papers Ltd is struggling relative to the overall market. The lack of positive factors reported further emphasizes the challenges faced by the company, contributing to the downward pressure on its stock price.