Why is CCL Internationa falling/rising?

As of 24-Jun, CCL International Ltd is experiencing a price increase, currently at 29.99, with a change of 0.39, representing a rise of 1.32%. The stock has outperformed its sector today by 1.63%. In terms of returns, over the past week, the stock has increased by 1.63%, although it has seen a decline of 3.51% over the past month and a year-to-date drop of 8.76%. Notably, the company reported a significant growth in net profit of 221.05% and positive financial results, which have contributed to rising investor confidence, as evidenced by a 2.61% increase in promoter stake. However, the stock's long-term fundamentals are weak, with a low average return on capital employed and declining profits over the past year.
In the broader market context, the stock's short-term performance has been favorable compared to the benchmark, as it has outperformed the Sensex by 1.05% over the past week. Despite this, the stock has underperformed in the longer term, with a year-to-date decline of 8.76% compared to the Sensex's gain of 5.01%. The liquidity of the stock is adequate, with a significant increase in delivery volume, indicating rising investor participation. Overall, while CCL International Ltd shows positive short-term movements and strong promoter confidence, its long-term growth prospects remain a concern, which may influence investor sentiment moving forward.