Why is T N Newsprint falling/rising?

As of 25-Jun, Tamil Nadu Newsprint & Papers Ltd is experiencing a price increase, currently at 165.00, reflecting a change of 2.4 (1.48%) upwards. The stock has shown a strong performance today, outperforming its sector by 0.33% and achieving consecutive gains over the last two days, resulting in an overall return of 8.48% during this period. Despite a year-to-date decline of 12.70% and a significant drop of 40.87% over the past year, the stock is trading at a discount compared to its peers, with a very attractive valuation indicated by a ROCE of 19.6. However, the company has faced challenges, including a high Debt to EBITDA ratio and negative results over the last seven consecutive quarters, which may weigh on investor sentiment despite the recent uptick.
In the broader market context, the stock's short-term return of 4.90% over the past week significantly outpaces the Sensex's return of 1.61%, suggesting a positive shift in investor interest. However, the stock has underperformed the market over the past year, with a stark contrast to the BSE 500's return of 3.43%. The high institutional holdings at 21.8% indicate that knowledgeable investors are still engaged, which could provide some support for the stock. Nonetheless, the long-term fundamental weaknesses, including a -19.52% CAGR growth in operating profits over the last five years, continue to pose risks that may affect future performance despite the recent gains.