Why is West Coast Paper falling/rising?

As of 11-Jun, West Coast Paper Mills Ltd is experiencing a rise in its stock price, currently at Rs 531.00, reflecting an increase of Rs 11.15 or 2.14%. The stock has outperformed its sector by 0.56% today and has shown a consecutive gain over the last four days, accumulating a total return of 10.46% during this period. It reached an intraday high of Rs 531.95, and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a rise in investor participation, with delivery volume increasing by 3.65% compared to the 5-day average. However, despite these positive indicators, the company has faced challenges, including a significant decline in profits over the past year and negative results for the last six consecutive quarters, which may temper investor enthusiasm.
Broader market context indicates that the stock has underperformed the market over the past year, generating a return of -15.23% compared to the BSE 500's positive return of 5.98%. This underperformance, coupled with a decrease in institutional investor participation, suggests that while there may be short-term gains, the long-term outlook remains uncertain. The company's high management efficiency and low debt levels are positive factors, but the overall negative trends in profitability and growth could impact future performance. The lack of available data on stock versus benchmark returns limits a more comprehensive analysis of its relative performance in the market.