Why is West Coast Paper falling/rising?

As of 22-Jul, West Coast Paper Mills Ltd is experiencing a rise in its stock price, currently at Rs 560.00, reflecting an increase of Rs 4.5 or 0.81%. The stock has outperformed its sector by 1.4% today and reached an intraday high of Rs 568.15, marking a 2.28% increase. Over the past week, the stock has gained 1.50%, and in the last month, it has risen by 11.05%, contrasting with the Sensex, which has seen a decline of 0.47% and 0.27% respectively. The company benefits from high management efficiency, evidenced by a return on equity (ROE) of 17.09%, and a low debt-to-equity ratio. Additionally, institutional investors have increased their stake by 1.49%, indicating growing confidence in the company's fundamentals.
In the broader market context, West Coast Paper's recent performance stands out as it has outperformed the benchmark in the short term, particularly over the last week and month. However, it is important to note that the stock has underperformed over the past year, with a return of -14.57% compared to the Sensex's gain of 2.09%. This long-term underperformance, coupled with negative results over the last six quarters and declining operating profits, suggests that while the stock is currently rising, there are significant concerns regarding its future growth potential.