Why is CCL Internationa falling/rising?

As of 03-Jul, CCL International Ltd's stock price is currently at 30.00, reflecting an increase of 0.57, or 1.94%. Today's price summary indicates that the stock has outperformed its sector by 2%, although it is trading lower than its 5-day and 20-day moving averages. The stock has experienced a decline of 3.23% over the past week and a significant drop of 10.02% over the past month, despite a positive return of 1.94% over the last year. Positive factors contributing to the stock's recent movement include a remarkable growth in net profit of 221.05% and strong quarterly results, with net sales reaching Rs 38.53 crore. Additionally, rising promoter confidence, as evidenced by a 2.61% increase in their stake, suggests a favorable outlook for the company.
In the broader market context, while CCL International Ltd has underperformed the Sensex over the past month, which has gained 3.10%, it has shown resilience over the longer term with a 69.97% return over the past three years compared to the benchmark's 57.33%. However, the stock's weak long-term fundamentals, including a low average return on capital employed and poor growth in net sales, may be a concern for investors. The falling investor participation, indicated by a 57.92% decrease in delivery volume, could also impact future price movements, despite the current positive sentiment stemming from the company's recent financial performance and promoter confidence.