Why is TPL Plastech falling/rising?

As of 10-Jun, TPL Plastech Ltd's stock price is currently at 85.95, reflecting an increase of 0.95 or 1.12%. The stock has shown strong performance recently, outperforming its sector by 1.02% today and has gained 5.75% over the last three days. In terms of returns, the stock has risen by 6.24% over the past week and 13.89% over the past month, although it has experienced a decline of 14.90% year-to-date and a slight decrease of 0.95% over the past year. The company benefits from a strong ability to service its debt, indicated by a low Debt to EBITDA ratio of 1.33 times, but it faces challenges with poor long-term growth, as evidenced by modest annual growth rates in net sales and operating profit over the last five years. Additionally, the stock is technically in a mildly bearish range, which may be contributing to cautious investor sentiment.
In the broader market context, TPL Plastech's recent short-term performance has significantly outpaced the Sensex, which has only increased by 2.05% over the past week and 3.70% over the past month. Despite this positive short-term trend, the stock's long-term performance remains concerning, with a year-to-date decline compared to the Sensex's gain of 5.44%. The limited interest from domestic mutual funds, holding only 0.32% of the company, may indicate a lack of confidence in the stock's valuation, which is considered expensive relative to its peers. Overall, while the stock is currently rising, the mixed signals from its financial performance and market sentiment suggest that investors should remain cautious.