Why is Star Paper Mills falling/rising?

As of 13-Aug, Star Paper Mills Ltd. is currently priced at Rs 169.40, reflecting an increase of Rs 1.5 or 0.89%. The stock has shown a trend reversal today, gaining after two consecutive days of decline, and reached an intraday high of Rs 171.4, which is a 2.08% increase. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally bearish trend. The stock has underperformed significantly over the past year, with a return of -27.14%, and its profits have decreased by 37.1%. Additionally, 47.21% of promoter shares are pledged, which could exert further downward pressure in a declining market.
In the broader market context, Star Paper Mills has experienced a -0.32% return over the past week, while the benchmark Sensex has remained relatively flat with a -0.01% change. This indicates that the stock is lagging behind the market. The company's low return on equity (ROE) of 6.4% and poor management efficiency, alongside a negative growth trend in operating profit, contribute to its underperformance. Furthermore, the significant drop in delivery volume by 41.7% against the 5-day average suggests declining investor interest, which may further hinder the stock's recovery. Overall, the combination of weak financial performance, high pledged shares, and low investor participation contributes to the stock's recent price movements.