Why is Three M Paper falling/rising?

As of 06-October, Three M Paper Boards Ltd is currently priced at 35.05, reflecting an increase of 0.15 or 0.43%. The stock has shown a trend reversal by gaining after three consecutive days of decline, outperforming its sector by 2.03%. However, it has experienced significant losses over the past week and month, with declines of 5.12% and 10.24%, respectively. Additionally, the stock is trading below all its moving averages, indicating a bearish trend. There has also been a notable drop in investor participation, with delivery volume falling by 54.55% against the five-day average, suggesting a lack of confidence among investors.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has gained 1.77% over the past week and 1.34% over the past month. Year-to-date, Three M Paper has declined by 46.49%, while the Sensex has risen by 4.67%. This stark difference highlights the stock's underperformance relative to the benchmark, further emphasizing the challenges it faces in regaining investor confidence amidst declining trading volumes and overall market strength.