Why is TCPL Packaging falling/rising?

As of 14-Nov, TCPL Packaging Ltd. is experiencing a decline in its stock price, currently at Rs 3,269.90, reflecting a decrease of Rs 48.25 or 1.45%. Today's price summary indicates that the stock has underperformed its sector by 2.05% and has fallen after two consecutive days of gains. The stock reached an intraday low of Rs 3,100, marking a significant drop of 6.57%. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bearish trend. Despite a year-to-date return of 2.28% and a 3.45% increase over the past year, the recent performance is overshadowed by a substantial drop in delivery volume, which has decreased by 67.48% compared to the 5-day average.
In the broader market context, TCPL Packaging's short-term performance has lagged behind the Sensex, which has gained 1.62% over the past week while TCPL has declined by 1.67%. The company has shown high management efficiency and healthy long-term growth, with operating profit increasing at an annual rate of 25.06%. However, negative results reported in June 2025, including a significant fall in profit before tax and profit after tax compared to previous quarters, have raised concerns among investors. The stock's fair valuation and discount compared to peers may not be enough to offset the negative sentiment stemming from recent financial results and declining investor participation.