Why is CCL Internationa falling/rising?

As of 13-Aug, CCL International Ltd's stock price is rising, currently at Rs 31.39, reflecting an increase of Rs 2.45 or 8.47%. The stock has shown strong performance today, outperforming its sector by 7.76% and achieving a consecutive gain over the last four days with a total return of 16.26% during this period. It reached an intraday high of Rs 31.79, although it also experienced a low of Rs 27.6, indicating high volatility with an intraday fluctuation of 7.04%. The stock is trading above its moving averages across various time frames, and there has been a notable increase in investor participation, with delivery volume rising by 35.19% compared to the five-day average. Additionally, the company reported a significant growth in net profit of 221.05% and strong sales figures, which positively influence investor sentiment.
In the broader market context, CCL International Ltd has outperformed the Sensex in the short term, with a one-week return of +7.46% compared to the benchmark's flat performance of -0.01%. Despite a year-to-date decline of -4.50%, the stock has consistently generated returns over the past three years, outperforming the BSE500. However, it is important to note that while the stock has shown positive short-term movements, it has a weak long-term fundamental strength, with a low average return on capital employed and poor growth in net sales over the past five years. This mixed outlook may influence future investor decisions as they weigh short-term gains against long-term sustainability.