Why is Huhtamaki India falling/rising?

As of 25-Jun, Huhtamaki India Ltd's stock price is currently at 220.10, reflecting an increase of 3.8, or 1.76%. The stock has shown a positive trend recently, gaining 4.16% over the last two days and outperforming its sector by 0.63% today. Additionally, the stock has performed well over the past week and month, with returns of +4.81% and +10.80%, respectively. However, it has struggled over the longer term, with a year-to-date decline of -18.71% and a significant drop of -42.70% over the past year. The company has a low Debt to EBITDA ratio of 1.15, indicating a strong ability to service its debt, but it has also seen a substantial decrease in profits, with a -41.3% decline in the past year, which may contribute to investor caution despite its current price increase.
In the broader market context, Huhtamaki India Ltd has outperformed the Sensex in the short term, with a 1-week return of +4.81% compared to the benchmark's +1.61%. Despite this recent outperformance, the stock has underperformed the market significantly over the past year, where the BSE 500 has generated a return of +3.43% while Huhtamaki has faced a steep decline. This stark contrast highlights the challenges the company faces, including poor long-term growth with net sales growing at an annual rate of -0.02% and operating profit declining by -17.38% over the last five years. The flat results reported in March 2025, including a PAT growth of -38.57%, further underscore the difficulties the company is experiencing, which may temper the enthusiasm surrounding its recent price rise.