Why is CCL Products falling/rising?

As of 07-Nov, CCL Products (India) Ltd is experiencing a price increase, currently at 1,026.40, reflecting a rise of 54.25 (5.58%). The stock has recently hit a new 52-week and all-time high of Rs. 1,033.2, and has outperformed its sector by 6.57%. Over the past week, the stock has gained 19.32%, and it has shown a strong performance with a 19.92% increase over the last five days. Positive financial results, including the highest net sales and operating profit to interest ratio, along with a very attractive valuation compared to peers, have contributed to this upward movement. Additionally, high institutional holdings at 32.36% indicate strong confidence from knowledgeable investors, further supporting the stock's rise.
In the broader market context, CCL Products has significantly outperformed the benchmark Sensex, which has declined by 0.86% over the past week, while CCL has risen by 19.32%. This trend of market-beating performance is consistent over longer periods as well, with the stock generating a return of 46.49% in the last year compared to the Sensex's 4.62%. The stock's liquidity is also favorable, with a substantial increase in delivery volume, indicating strong investor interest. However, it is worth noting that there are some risks associated with weak long-term fundamental strength, as evidenced by a 16.07% CAGR growth in operating profits over the last five years.