Why is T N Newsprint falling/rising?

As of 22-Jul, Tamil Nadu Newsprint & Papers Ltd is experiencing a decline in its stock price, currently at Rs 168.50, reflecting a decrease of 4.0 points or 2.32%. The stock has underperformed its sector today by 1.73%, reaching an intraday low of Rs 168.50. Over the past week, it has seen a decline of 1.55%, while over the past month, it has managed a gain of 8.22%. Despite a higher delivery volume indicating rising investor participation, the stock's long-term performance remains concerning, with a significant drop of 35.63% over the past year and a negative trend in profits, which have fallen by 98.2%. The company has also reported negative results for the last seven consecutive quarters, contributing to its weak long-term fundamental strength.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has shown a slight decline of 0.47% over the past week and a modest gain of 5.18% year-to-date. The stock's inability to keep pace with the benchmark, alongside a high Debt to EBITDA ratio and low profitability metrics, suggests that investor sentiment is negatively impacted. Furthermore, the company's consistent underperformance against the benchmark over the last three years highlights ongoing challenges, making it difficult for the stock to attract positive investor sentiment despite its attractive valuation relative to peers.