Why is CCL Products falling/rising?

As of 10-Jul, CCL Products (India) Ltd is experiencing a decline in its stock price, currently at Rs 879.00, which reflects a decrease of Rs 16.0 or 1.79%. Today's price summary indicates that the stock has underperformed its sector by 0.99% and has fallen after three consecutive days of gains. The stock is currently 4.12% away from its 52-week high of Rs 915.2 and touched an intraday low of Rs 875.2. Despite a strong performance over the past year, with a return of 47.36%, the stock's recent movement is affected by a significant drop in investor participation, as evidenced by a 67.6% decrease in delivery volume compared to the five-day average. While the company has reported its highest net sales and operating profit margins, concerns about long-term growth persist due to a slower annual growth rate in operating profit over the last five years.
In the broader market context, CCL Products has shown a short-term return of -0.67% over the past week, while the benchmark Sensex has only slightly declined by 0.06%. Over the past month, however, the stock has outperformed the benchmark with a return of 3.17% compared to the Sensex's 0.97%. The stock's long-term performance remains strong, with a 262.03% increase over the last five years, significantly outperforming the benchmark's 127.33% increase. Despite high institutional holdings at 31.09%, which typically indicate confidence in the company's fundamentals, the recent price decline suggests that investor sentiment may be wavering in the short term, influenced by the recent drop in trading volume and concerns about sustainable growth.