Why is Huhtamaki India falling/rising?

As of 16-Oct, Huhtamaki India Ltd's stock price is rising, currently at 255.50, reflecting an increase of 27.05 or 11.84%. The stock has shown a significant performance today, having outperformed its sector by 8.01% and opened with a gain of 8.49%. After three consecutive days of decline, the stock has reversed its trend, reaching an intraday high of Rs 265.9, which is a 16.39% increase. Additionally, the company reported a strong net profit growth of 47.43% in its latest results, contributing to positive investor sentiment, despite a year-to-date decline of 5.63% against the Sensex's 6.82% rise.
In the broader market context, Huhtamaki India's short-term return of 9.45% over the past week significantly outpaces the Sensex's 1.58% gain, indicating a strong recovery relative to the market. However, the stock's longer-term performance remains concerning, with a 34.81% decline over the past year compared to the Sensex's modest increase of 2.41%. The recent positive developments, including a low Debt to EBITDA ratio and strong operating profit margins, suggest that the company is well-positioned to manage its financial obligations, which may further bolster investor confidence in the stock moving forward.