Why is BCL Industries falling/rising?

As of 04-Aug, BCL Industries Ltd is experiencing a price increase, with its current price at 44.53, reflecting a change of 0.66 or 1.5% upward. The stock has shown a positive trend today, outperforming its sector by 1.69% and reversing a three-day decline. Over the past week, the stock has gained 2.11%, while it has performed significantly better over the past month with a return of 7.56%. Despite a year-to-date decline of 11.58%, the company has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 25.21% and operating profit at 30.10%. The stock is currently trading at a discount compared to its peers, which may attract investor interest.
In the broader market context, BCL Industries' recent performance contrasts with the Sensex, which has only increased by 0.16% over the past week. The stock's liquidity is adequate, with a delivery volume increase of 3.96% against the five-day average, indicating rising investor participation. Although the stock has faced a significant decline of 26.05% over the past year, its profits have risen by 4.7%, suggesting that the market may be beginning to recognize its underlying value. This combination of factors contributes to the stock's recent upward movement amidst a challenging overall market environment.