Why is CCL Internationa falling/rising?

As of 11-Jul, CCL International Ltd's stock price is currently at Rs 30.59, reflecting an increase of Rs 1.2 or 4.08%. Today's price summary indicates that the stock has outperformed its sector by 5.13% and has experienced a trend reversal after two consecutive days of decline. The stock reached an intraday high of Rs 30.74, showing a gain of 4.59%, although it also touched a low of Rs 27.95 earlier in the day. Over the past week, the stock has seen a decline of 1.29%, but it has gained 1.97% over the past month. Despite a year-to-date drop of 6.94%, the company reported a significant growth in net profit of 221.05% in March, which, along with rising promoter confidence—evidenced by a 2.61% increase in their stake—suggests positive underlying fundamentals that may be influencing the recent upward movement.
In the broader market context, the Sensex has declined by 1.12% over the past week, which indicates that CCL International's short-term performance is relatively better than the benchmark. While the stock has underperformed the Sensex year-to-date and over the past year, its strong recent performance and positive financial indicators, such as increased net sales and a high growth rate in profit before tax, may be contributing to a more favorable outlook among investors. However, the stock's liquidity has been impacted by a decrease in delivery volume, which could suggest some caution among traders despite the positive developments.