Why is Huhtamaki India falling/rising?

As of 04-Sep, Huhtamaki India Ltd is currently priced at 235.10, reflecting an increase of 3.0 or 1.29%. The stock has shown strong performance recently, outperforming its sector by 1.8% today and reaching an intraday high of Rs 237, which is a 2.11% increase. Over the past week, the stock has risen by 11.40%, while it has gained 8.04% over the past month. However, despite these short-term gains, the company has faced challenges, including a poor long-term growth outlook with net sales declining at an annual rate of -0.36% and operating profit decreasing by -14.37% over the last five years. Additionally, the stock has seen a significant drop in investor participation, with institutional investors reducing their stake by -0.51% in the previous quarter.
In the broader market context, while the Sensex has only increased by 0.80% over the past week, Huhtamaki India’s performance has significantly outpaced this benchmark. However, it is important to note that the stock has underperformed over the last year, with a return of -41.16% compared to the market's decline of -1.98%. This stark contrast highlights the stock's volatility and the challenges it faces in attracting long-term investment, particularly given its low return on equity of 5.9 and relatively high price-to-book ratio of 1.4. Despite the recent uptick in price, the overall sentiment remains cautious due to the company's declining profitability and the falling participation of institutional investors.