Why is Huhtamaki India falling/rising?

As of 12-Sep, Huhtamaki India Ltd's stock is currently priced at 225.80, reflecting a decline of 4.7 points or 2.04%. The stock has underperformed its sector by 1.03% today, touching an intraday low of Rs 225.80. Over the past week, the stock has decreased by 4.91%, while it has shown a modest increase of 5.98% over the past month. However, the stock's year-to-date performance is concerning, with a decline of 16.60%, and a significant drop of 41.77% over the past year. The company's financial health is mixed; while it has a strong ability to service debt with a low Debt to EBITDA ratio of 1.19, it faces poor long-term growth with net sales declining at an annual rate of -0.36% and operating profit down by -14.37% over the last five years. Additionally, institutional investors have reduced their stakes, indicating a lack of confidence in the stock.
Broader market context shows that while the Sensex has gained 1.48% over the past week and 2.08% over the past month, Huhtamaki India Ltd has significantly lagged behind, particularly with a year-on-year return of -41.77% compared to the broader market's decline of only -1.28%. This underperformance is compounded by falling investor participation, as evidenced by a 54.85% drop in delivery volume against the five-day average. The stock's valuation appears expensive with a Price to Book Value of 1.4, and despite trading at a discount compared to peers, the overall sentiment remains negative due to declining profits and flat results in recent quarters.