Why is TCPL Packaging falling/rising?

As of 18-Sep, TCPL Packaging Ltd. is experiencing a decline in its stock price, currently at 3,377.65, reflecting a decrease of 46.05 points or 1.35%. The stock has underperformed its sector by 0.57% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 1.98% during this period. Additionally, TCPL Packaging is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a healthy long-term growth rate in operating profit and a high return on capital employed (ROCE), the company recently reported negative quarterly results, with a significant drop in profit after tax and low turnover ratios, which may be contributing to the current price decline.
In the broader market context, TCPL Packaging's short-term performance has been negative, with a 1.38% decline over the past week, while the benchmark Sensex has risen by 1.80%. This underperformance highlights the stock's struggles relative to the overall market. Although the company has shown consistent returns over the past three years and has a fair valuation compared to its peers, the recent negative financial results and declining operational metrics may be overshadowing these positive aspects, leading to a lack of investor confidence and a subsequent drop in stock price.