Why is Huhtamaki India falling/rising?

As of 07-Jul, Huhtamaki India Ltd's stock price is currently at Rs 230.35, reflecting an increase of Rs 9.55, or 4.33%. The stock has shown a positive trend recently, gaining 6.13% over the last two days and outperforming its sector by 5.84% today. Despite this recent uptick, the stock has a troubling history, with a year-to-date decline of 14.92% and a significant drop of 40.93% over the past year. The company's ability to service debt is strong, indicated by a low Debt to EBITDA ratio of 1.15 times, and it is trading at a discount compared to its peers. However, the stock's long-term growth prospects are concerning, with net sales and operating profit showing negative growth rates over the past five years.
In the broader market context, Huhtamaki India has outperformed the Sensex in the short term, with a weekly return of 8.86% compared to the benchmark's slight decline of 0.20%. However, the stock has underperformed significantly over the longer term, with a one-year return of -40.93% against the Sensex's gain of 4.31%. This stark contrast highlights the challenges the company faces despite its recent price increase, as it continues to struggle with declining profits and sales. The falling investor participation, as indicated by a significant drop in delivery volume, further complicates the stock's outlook, suggesting that while there may be short-term gains, the long-term trajectory remains uncertain.