Why is TCPL Packaging falling/rising?

As of 19-Sep, TCPL Packaging Ltd. is experiencing a price increase, currently at Rs 3,442.20, reflecting a rise of 64.55 or 1.91%. Today's performance indicates that the stock has outperformed its sector by 1.59% and has shown a trend reversal after two consecutive days of decline. The stock reached an intraday high of Rs 3,461, marking a 2.47% increase. Over the past week, TCPL has delivered a return of 2.24%, which is notably higher than the Sensex's return of 0.88%. The company has demonstrated strong management efficiency with a high return on capital employed (ROCE) of 16.44% and a healthy long-term growth rate in operating profit of 25.06% annually. Despite recent negative results declared in June 2025, the stock has consistently generated returns over the last three years, outperforming the BSE500 in each of the last three annual periods.
In the broader market context, TCPL's short-term return of 2.24% over the past week significantly exceeds the benchmark Sensex's return of 0.88%, indicating strong relative performance. The stock's liquidity is also favorable, with a delivery volume increase of 0.42% against the five-day average, suggesting rising investor participation. Although the company faced some challenges with declining profits in recent quarters, its overall performance metrics, including a PEG ratio of 1 and a trading discount compared to peers, suggest a fair valuation that may attract investors. This combination of factors contributes to the stock's upward movement in the current market environment.