Why is Huhtamaki India falling/rising?

As of 02-Jul, Huhtamaki India Ltd's stock price is currently at 218.90, reflecting an increase of 7.8 or 3.69%. Today's price movement indicates a trend reversal as the stock has gained after four consecutive days of decline. It opened with a gain of 3.74% and reached an intraday high of Rs 228, which is an 8.01% increase. Despite this positive movement today, the stock has underperformed in the longer term, with a year-to-date decline of 19.15% and a significant drop of 41.84% over the past year. The company's low Debt to EBITDA ratio of 1.15 times suggests a strong ability to service debt, and it is trading at a discount compared to its peers' average historical valuations. However, the negative factors, including a flat growth in net sales and operating profit over the last five years, contribute to concerns about its long-term growth potential.
In the broader market context, the stock's short-term performance has been weaker compared to the benchmark, as it has declined by 0.55% over the past week while the Sensex has increased by 0.79%. Although Huhtamaki India has outperformed its sector today by 4.05%, its overall performance remains concerning with a significant underperformance of 41.84% over the last year compared to the market's positive return of 3.11%. This contrast highlights the challenges the company faces despite today's gains, as it struggles to maintain investor confidence amid declining sales and profits.