Why is BCPL Railway falling/rising?

As of 04-Jul, BCPL Railway Infrastructure Ltd is currently priced at Rs 94.00, reflecting an increase of Rs 2.85 or 3.13%. The stock has shown a positive performance today, outperforming its sector by 2.91% and achieving a consecutive gain over the last two days, with a total return of 3.3% during this period. Despite opening with a loss of 2.08%, the stock reached an intraday high of Rs 95.4, indicating some volatility. However, it has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a generally positive trend. The company has reported positive financial results, with a significant growth in profit after tax and net sales, which may contribute to the stock's recent upward movement despite a year-to-date decline of 6.77%.
In the broader market context, BCPL Railway's short-term return of 2.73% over the past week contrasts sharply with the Sensex, which has decreased by 0.74% during the same period. This indicates that BCPL is performing better than the overall market in the short term. However, the stock has underperformed the Sensex over the longer term, with a year-to-date decline of 6.77% compared to the Sensex's gain of 6.77%. The stock's attractive valuation, as indicated by its lower trading multiples compared to peers and a positive PEG ratio, may also be influencing investor sentiment positively, despite a decline in delivery volume and liquidity concerns.