Why is Huhtamaki India falling/rising?

As of 01-Sep, Huhtamaki India Ltd's stock price is currently at 231.30, reflecting an increase of 16.15, or 7.51%. The stock has shown positive momentum recently, gaining 9.59% over the last two days and outperforming its sector by 4.86% today. It has also been trading above its moving averages across various time frames, indicating a bullish trend. However, despite these short-term gains, the company has faced significant challenges, including a long-term decline in net sales and operating profit over the past five years, which raises concerns about its growth potential. Additionally, the stock has seen a substantial drop of 43.19% over the past year, with profits falling by 33.5%, which may deter some investors.
In the broader market context, Huhtamaki India has outperformed the Sensex in the short term, with a 1-week return of 6.57% compared to the benchmark's decline of 1.56%. However, the stock's year-to-date performance remains negative at -14.57%, contrasting with the Sensex's positive return of 2.85%. The recent rise in stock price may be attributed to increased investor participation and a favorable sector performance, but the overall negative sentiment stemming from poor long-term growth and declining institutional interest suggests that the stock's recovery may be fragile.