Why is T N Newsprint falling/rising?

As of 25-Jul, Tamil Nadu Newsprint & Papers Ltd is experiencing a decline in its stock price, currently at 166.00, which reflects a decrease of 1.2 or 0.72%. The stock has been underperforming, having fallen consecutively for the last two days with a total return of -2.04%. In the past week, the stock has decreased by 1.98%, while it has shown a slight increase of 0.61% over the past month. However, the stock has significantly underperformed over the longer term, with a year-to-date decline of 12.17% and a staggering 35.91% drop over the past year. Despite a high Return on Capital Employed (ROCE) of 19.6 and attractive valuation metrics, the company has faced severe challenges, including a 98.2% fall in profits over the past year and negative results for the last seven consecutive quarters, which have contributed to a weak investor sentiment.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as the Sensex has only declined by 0.36% over the past week and has increased by 4.25% year-to-date. This consistent underperformance against the benchmark, coupled with a high Debt to EBITDA ratio of 4.69 times and a negative growth trend in operating profits, indicates a lack of confidence among investors. The falling delivery volume and liquidity issues further exacerbate the situation, suggesting that investor participation is waning. Overall, the combination of weak fundamentals, negative earnings reports, and poor long-term growth prospects has led to the stock's current downward trajectory.