Why is TCPL Packaging falling/rising?

As of 26-Aug, TCPL Packaging Ltd. is experiencing a decline in its stock price, currently at 3,380.00, reflecting a decrease of 13.75 points or 0.41%. The stock has been on a downward trend, having fallen for the last four consecutive days, resulting in a total drop of 3% during this period. Despite this recent decline, the stock has shown positive performance over the year, with a return of 5.70%, and has outperformed the BSE500 in each of the last three annual periods. However, the company recently reported negative results, with a significant drop in profit before tax and profit after tax compared to previous quarters, which may be contributing to the current price movement. Additionally, the stock is trading below its moving averages, indicating a bearish trend.
In the broader market context, TCPL Packaging's short-term performance has outperformed the Sensex, which has declined by 1.05% over the past week, while TCPL's stock has only decreased by 0.38%. This suggests that, despite its recent struggles, the stock is relatively resilient compared to the overall market. However, the packaging sector as a whole has seen a decline of 2.2%, which may be impacting investor sentiment. The increase in delivery volume indicates rising investor participation, but the overall negative financial results and the stock's underperformance against its moving averages could be overshadowing these positive factors, leading to the current price decline.