Why is Huhtamaki India falling/rising?

As of 18-Sep, Huhtamaki India Ltd's stock price is currently at 240.30, reflecting an increase of 6.3, or 2.69%. The stock has been on an upward trend, gaining for the last four days and achieving a total return of 6.42% during this period. It opened with a gain of 2.41% today and reached an intraday high of Rs 241.05. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. The recent performance has also been bolstered by a significant increase in investor participation, with delivery volume rising by 658.17% compared to the 5-day average. Furthermore, the company maintains a strong ability to service its debt, as evidenced by a low Debt to EBITDA ratio of 1.19 times, which supports investor confidence.
In the broader market context, Huhtamaki India's short-term performance has outpaced the benchmark Sensex, with a 1-week return of +4.25% compared to the Sensex's +1.80%. Over the past month, the stock has risen by 13.46%, while the Sensex has only increased by 2.14%. However, it is important to note that the stock has underperformed on a year-to-date basis, with a decline of 11.25% compared to the Sensex's gain of 6.24%. This mixed performance suggests that while the stock is currently experiencing a positive trend, it has faced challenges over a longer time frame.