Why is HCP Plastene falling/rising?

As of 04-September, HCP Plastene Bulkpack Ltd's stock price is currently at Rs 165.00, reflecting an increase of Rs 1.6 or 0.98%. Today, the stock has shown a positive performance, gaining after six consecutive days of decline, and opened with a notable gap up of 4.31%. It reached an intraday high of Rs 170.45, indicating strong investor interest. Despite a one-week decline of 3.76% and a significant drop of 21.41% over the past month, the stock has outperformed its sector by 1.49% today. The company has demonstrated high management efficiency with a return on capital employed (ROCE) of 44.65%, and it has reported positive results for the last five consecutive quarters, with a substantial growth in profits and net sales.
Broader market context shows that while HCP Plastene's stock has had a challenging short-term performance, it has generated a return of 1.95% over the past year, contrasting with the Sensex's decline of 1.98% in the same period. The stock's year-to-date performance is also favorable, with a return of 7.84% compared to the Sensex's 3.30%. This suggests that despite recent volatility, the stock is positioned well relative to the broader market, particularly given its attractive valuation and strong financial growth metrics.