Why is Natl. Plastic falling/rising?

As of 18-Jul, National Plastic Industries Ltd is experiencing a price increase, currently at Rs 66.95, reflecting a rise of Rs 1.7 or 2.61%. The stock has shown strong performance today, outperforming its sector by 3.11% and has gained consecutively for the last three days, accumulating a total return of 5.68% during this period. It opened with a gain of 2.45% and reached an intraday high of Rs 67.25. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. Additionally, the company reported a significant growth in profit after tax, with a 275.9% increase, and its return on capital employed is attractive at 10.2%. However, it faces challenges with a negative long-term sales growth and a high debt to EBITDA ratio, which may temper investor enthusiasm.
In the broader market context, National Plastic Industries Ltd has outperformed the Sensex, which has declined by 0.90% over the past week while the stock itself has risen by 4.04%. Over the past month, the stock has gained 5.77%, contrasting with the Sensex's modest increase of 0.38%. Despite the positive short-term performance, the stock's year-to-date return of 3.16% lags behind the Sensex's 4.63% gain. This indicates that while the stock is currently on an upward trajectory, its long-term fundamentals may raise concerns among investors, particularly given the company's weak net sales growth over the past five years.