Why is Shree Rama News. falling/rising?

As of 17-Sep, Shree Rama Newsprint Ltd's stock price is currently at Rs 32.50, reflecting a decrease of Rs 2.02 or 5.85%. Today's price summary indicates that the stock has underperformed its sector by 5.78%, marking a trend reversal after five consecutive days of gains. The stock reached an intraday low of Rs 32.50, and the volume traded was weighted towards this low price, suggesting a lack of buying interest. Additionally, the delivery volume has fallen by 21.79% compared to the five-day average, indicating declining investor participation. Despite a strong year-to-date return of 79.16% and a one-year return of 48.40%, the company faces significant challenges, including a negative book value and a high debt-to-EBITDA ratio of 26.58 times, which raises concerns about its long-term fundamental strength.
In the broader market context, while the stock has outperformed the benchmark Sensex over various periods, including a 7.08% increase over the past week compared to the Sensex's 1.56%, the recent decline suggests a shift in investor sentiment. The overall market has seen negative returns of -2.63% in the last year, but Shree Rama Newsprint Ltd's ability to generate substantial returns contrasts sharply with its weak profitability metrics, as evidenced by a low return on equity of 1.70%. This combination of strong historical performance but current financial instability may be contributing to the stock's recent price decline.