Why is Three M Paper falling/rising?

As of 24-Sep, Three M Paper Boards Ltd is currently priced at 37.04, reflecting a slight increase of 0.01 or 0.03%. The stock has been gaining for the last two days, with a total return of 1.76% during this period. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend overall. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 54.55% compared to the 5-day average. The stock has experienced substantial declines over longer periods, with a year-to-date drop of 43.45% and a one-year decline of 38.88%, suggesting ongoing challenges despite the recent minor uptick.
In the broader market context, Three M Paper's performance over the past week shows a decline of 7.31%, contrasting sharply with the Sensex, which has only fallen by 1.18%. This underperformance is further highlighted by the stock's year-to-date performance compared to the Sensex's positive return of 4.58%. The significant disparity in returns indicates that while the broader market may be stabilizing or improving, Three M Paper is struggling to keep pace, reflecting underlying issues specific to the company.