Why is Huhtamaki India falling/rising?

As of 04-Jul, Huhtamaki India Ltd's stock price is currently at 220.80, reflecting an increase of 3.75 (1.73%). Today, the stock opened with a gain of 2.86% and reached an intraday high of Rs 223.25. Despite this positive movement, the stock has underperformed in the long term, with a year-to-date decline of -18.45% and a significant drop of -43.76% over the past year. The company has a low Debt to EBITDA ratio of 1.15, indicating a strong ability to service debt, but its profits have fallen by -41.3%, contributing to the overall negative sentiment around the stock. Additionally, the stock is trading at a discount compared to its peers, which may attract some investors looking for value, despite the poor long-term growth indicators.
In the broader market context, Huhtamaki India has outperformed the Sensex by 2% today, while the benchmark index has seen a decline of -0.74% over the past week. However, the stock's performance over the past month shows a gain of +9.39%, contrasting with the Sensex's +3.01%. This short-term outperformance may be encouraging for some investors, but the long-term trends indicate significant challenges, as the stock has consistently underperformed the market over the last year. The falling investor participation, with a delivery volume decrease of -51.78% against the 5-day average, suggests waning interest, which could further impact the stock's price movement negatively.