Why is Huhtamaki India falling/rising?

As of 16-Jul, Huhtamaki India Ltd's stock price is currently at 229.35, reflecting a decrease of 2.65, or 1.14%. The stock has underperformed its sector today by 2.1%, despite showing higher performance than its 20-day, 50-day, and 100-day moving averages. Over the past week, the stock has declined by 1.88%, while it has seen a significant increase of 10.05% over the past month. However, the stock has faced substantial challenges, with a year-to-date decline of 15.29% and a staggering 40.40% drop 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, but its profitability has sharply declined, with a 41.3% drop in profits over the past year, contributing to the negative sentiment around the stock.
In the broader market context, Huhtamaki India has underperformed compared to the Sensex, which has gained 5.75% year-to-date. The stock's recent performance is concerning, especially given its flat results in March and a significant decline in net sales and operating profit over the last five years. While the stock is trading at a discount compared to its peers, the overall negative returns of -40.40% in the last year starkly contrast with the market's modest gains, indicating a lack of investor confidence and poor long-term growth prospects.