Why is TCPL Packaging falling/rising?

As of 28-Aug, TCPL Packaging Ltd. is currently priced at 3,386.00, reflecting a slight increase of 6.0 (0.18%). Today, the stock has shown a trend reversal by gaining after four consecutive days of decline, outperforming its sector by 0.55%. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a year-to-date return of 5.91% and a strong three-year return of 161.33%, the stock has faced challenges recently, including a 5.94% decline over the past month. The company has demonstrated high management efficiency with a return on capital employed (ROCE) of 16.44% and healthy long-term growth, but it also reported negative results in June 2025, with significant declines in profit before tax and profit after tax compared to previous quarters.
In the broader market context, TCPL Packaging's short-term performance has been relatively better than the benchmark Sensex, which has declined by 2.34% over the past week. While the stock has generated a modest return of 2.39% over the past year, it has outperformed the BSE500 in each of the last three annual periods, suggesting resilience despite recent setbacks. The decline in investor participation, as evidenced by a 10.92% drop in delivery volume, may indicate waning interest, which could further impact the stock's performance. Overall, while the stock has positive long-term growth prospects and is trading at a discount compared to its peers, recent negative financial results and declining investor engagement are contributing to its current price movement.