Why is Time Technoplast falling/rising?

As of 12-Sep, Time Technoplast Ltd. is currently priced at 473.40, reflecting a rise of 1.3 points or 0.28%. The stock has shown a mixed performance recently, underperforming its sector by 1.26% today, despite having a higher delivery volume that increased by 42.11% compared to the 5-day average. Over the past month, the stock has gained 7.29%, while it has experienced a year-to-date decline of 4.08%. The company has demonstrated strong fundamentals, with a low Debt to EBITDA ratio of 1.34 times and an annual operating profit growth rate of 18.35%. Additionally, the stock is trading at a discount compared to its peers, and its returns over the past year have been supported by a 21% increase in profits, indicating a healthy financial position.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has underperformed the Sensex by 0.31% over the past week, while the Sensex itself has gained 1.48%. However, Time Technoplast has outperformed the BSE500 over the last three years, with a remarkable 304.44% increase, highlighting its potential for long-term growth. The high institutional holdings of 21.21% suggest confidence from more knowledgeable investors, which may provide stability. Despite the recent underperformance in the short term, the overall positive indicators and consistent returns over the years suggest that the stock remains a viable option for investors looking for growth.