Why is CCL Internationa falling/rising?

As of 26-Jun, CCL International Ltd's stock price is currently at 31.00, reflecting an increase of 0.76 or 2.51%. The stock has been on an upward trend, gaining for the last three days and achieving a total return of 4.73% during this period. Additionally, it has outperformed its sector by 2.6% today. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. The company has also reported a significant growth in net profit of 221.05% and a rise in net sales, contributing positively to investor sentiment. Furthermore, promoters have increased their stake in the company by 2.61%, reflecting confidence in its future prospects.
In the broader market context, CCL International Ltd has outperformed the Sensex over the past week, with a return of 9.77% compared to the benchmark's 2.94%. While the stock has shown strong performance in the short term and over the long term, it has faced challenges with a decline in profits over the past year. Despite this, the stock's attractive valuation relative to peers and the rising investor participation suggest a positive outlook. However, the company does have weaknesses, such as a low average return on capital employed and a poor EBIT to interest ratio, which could impact its long-term growth potential.