Why is Shree Rama News. falling/rising?

As of 08-Jul, Shree Rama Newsprint Ltd is experiencing a decline in its stock price, currently at 32.00, which reflects a decrease of 0.9 or 2.74%. The stock has underperformed its sector today by 2.55%, and its delivery volume has significantly dropped by 88.6% compared to the 5-day average, indicating falling investor participation. While the stock has shown impressive year-to-date growth of 76.41% and a one-year return of 53.04%, it is important to note that the company has a negative book value and a high Debt to EBITDA ratio of 26.58 times, which raises concerns about its long-term financial health. Additionally, the company reported a loss in its latest quarter, with a PAT of Rs -7.93 crore, further contributing to the negative sentiment surrounding the stock.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has declined by 10.11% over the past week while the Sensex has remained relatively flat with a gain of 0.02%. This underperformance is compounded by the company's weak fundamentals, including a negative net worth and the need for fresh capital or profitability to sustain operations. Despite its historical returns being strong, the current financial indicators suggest a risky investment, which may deter potential investors and contribute to the stock's downward movement.