Why is CCL Internationa falling/rising?

As of 04-Jul, CCL International Ltd is experiencing a price increase, currently at 30.99, reflecting a rise of 0.99 or 3.3%. The stock has outperformed its sector by 11.01% today and has shown consecutive gains over the last two days, accumulating a total return of 5.3% in this period. Despite a year-to-date decline of 5.72%, the stock has demonstrated strong performance over the past three years with a return of 75.08%. Positive factors contributing to this upward movement include a significant growth in net profit of 221.05% reported in March, alongside strong net sales and profitability metrics. Additionally, rising promoter confidence, with a 2.61% increase in stake, suggests a positive outlook for the company.
In the broader market context, CCL International Ltd's recent performance contrasts sharply with the Sensex, which has declined by 0.74% over the past week. While the stock has shown resilience in the short term, its long-term fundamentals remain weak, with a low average return on capital employed and a concerning EBIT to interest ratio. This indicates that despite the recent gains, there are underlying challenges that could affect future performance. Overall, while the stock is currently rising, its long-term outlook may warrant caution given the mixed signals from its financial health and market conditions.