Why is TCPL Packaging falling/rising?

As of 16-Sep, TCPL Packaging Ltd. is experiencing a price increase, currently at 3,445.75, reflecting a rise of 65.55 or 1.94%. The stock has shown positive momentum, gaining for the last two consecutive days with a total return of 2.35% during this period. Today's performance indicates that it has outperformed its sector by 0.81%, reaching an intraday high of Rs 3,452.75. Over the past week, the stock has increased by 0.52%, and year-to-date, it has risen by 7.78%, indicating a strong performance relative to the benchmark Sensex, which has increased by 5.43%. However, there is a noted decline in investor participation, with delivery volume falling by 17.38% against the 5-day average, which could be a concern for future price stability.
In the broader market context, while TCPL Packaging has outperformed the Sensex in the short term, its recent positive performance is supported by high management efficiency, as evidenced by a return on capital employed (ROCE) of 16.44%, and healthy long-term growth with an annual operating profit increase of 25.06%. The stock is trading at a discount compared to its peers, which may attract investors. Despite these positives, the company has faced challenges, including negative results reported in June 2025, with significant declines in profit before tax and profit after tax compared to previous quarters. This mixed performance, alongside a low debtors turnover ratio, suggests that while the stock is currently rising, underlying financial pressures could impact its future trajectory.