Why is B&B Triplewall falling/rising?

As of 18-Sep, B&B Triplewall Containers Ltd is experiencing a price increase, currently at 210.00, reflecting a rise of 3.35 (1.62%). Despite opening with a loss of 2.42% and touching an intraday low of Rs 201.65, the stock has shown resilience by outperforming its sector by 1.98%. Over the past week, the stock has gained 4.61%, while its year-to-date return stands at 6.95%. Positive factors contributing to this upward movement include the company's recent declaration of strong quarterly results, with significant growth in profit before tax and net sales, as well as increased promoter confidence, with a 0.63% rise in their stake.
In the broader market context, B&B Triplewall's short-term performance has outpaced the Sensex, which has increased by 1.80% over the same week. However, the stock's long-term fundamentals remain weak, with a notable decline in operating profits over the past five years and a high debt-to-EBITDA ratio, indicating potential concerns about its financial health. Despite these challenges, the recent positive quarterly results and increased promoter stake suggest a potential turnaround, which may be influencing investor sentiment and contributing to the stock's current upward movement.