Why is Huhtamaki India falling/rising?

As of 22-Jul, Huhtamaki India Ltd's stock price is currently at Rs 230.95, reflecting an increase of Rs 5.55 or 2.46%. The stock has shown a trend reversal, gaining after four consecutive days of decline, and it outperformed its sector by 1.9% today. The stock reached an intraday high of Rs 231.4, indicating positive momentum. However, despite a recent one-month return of +8.53%, the stock has underperformed significantly over the year, with a decline of -38.42%. The company's strong ability to service debt, indicated by a low Debt to EBITDA ratio of 1.15 times, and positive quarterly results, such as the highest PBDIT at Rs 42.59 crore, contribute to a fair valuation, although profits have fallen by -41.3% over the past year.
In the broader market context, Huhtamaki India's short-term performance has been slightly better than the benchmark Sensex, which declined by -0.47% over the past week compared to the stock's -0.45%. However, the stock's year-to-date performance remains concerning, with a -14.70% return compared to the Sensex's +5.18%. The falling investor participation, with a delivery volume drop of -33.08% against the five-day average, may also indicate waning interest, despite the stock's liquidity being sufficient for trading. Overall, while there are positive indicators for Huhtamaki India, the significant year-over-year decline and reduced investor engagement suggest a cautious outlook.