Why is West Coast Paper falling/rising?

As of 08-Jul, West Coast Paper Mills Ltd is currently priced at 556.45, reflecting a decrease of 6.2 points or 1.1%. The stock opened with a loss of 3.36% today and touched an intraday low of Rs 543.75. Despite this decline, the stock has shown positive performance over the past week and month, with returns of 8.53% and 12.01%, respectively. However, it has underperformed its sector by 0.91% today and has generated negative returns of 19.70% over the past year, indicating ongoing challenges. The company has a high management efficiency with a return on equity (ROE) of 17.09% and a low debt-to-equity ratio, but it has faced poor long-term growth, with operating profit declining at an annual rate of 8.31% over the last five years. Additionally, the stock has been trading at a premium compared to its peers, which may contribute to its recent price movement.
In the broader market context, while the Sensex has generated a return of 1.98% over the past year, West Coast Paper has significantly underperformed, which may reflect investor sentiment and market conditions. The stock's recent decline is compounded by falling participation from institutional investors, who have reduced their stake by 0.64% in the previous quarter. This suggests a lack of confidence among more knowledgeable investors regarding the company's fundamentals, especially given its negative results over the last six consecutive quarters and a substantial drop in profits. Overall, the combination of poor long-term growth prospects and declining institutional interest appears to be driving the stock's recent downward movement.