Why is TCPL Packaging falling/rising?

As of 11-Sep, TCPL Packaging Ltd. is experiencing a slight decline in its stock price, currently at 3,425.00, reflecting a decrease of 1.0 or 0.03%. The stock has been losing value for the last two days, with a total return of -0.09% during this period. Although it has performed well over the longer term, with a year-to-date increase of 7.13% and a remarkable 156.04% rise over the past three years, recent performance has been less favorable. The stock is currently trading below its 50-day, 100-day, and 200-day moving averages, indicating potential weakness. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 49.01% compared to the five-day average.
In the broader market context, TCPL Packaging's short-term performance has outpaced the benchmark Sensex, which has only increased by 1.03% over the past week. However, the stock's recent decline may be influenced by negative financial results declared in June, which showed a significant drop in profit before tax and profit after tax compared to previous quarters. Despite the company's strong management efficiency and healthy long-term growth, these recent results could be causing investor concern. The stock's fair valuation and consistent returns over the last three years suggest potential for recovery, but current trends indicate caution among investors.