Why is BFL Asset Finves falling/rising?

As of 11-Aug, BFL Asset Finvest Ltd is experiencing a rise in its stock price, currently at Rs 14.80, reflecting an increase of Rs 1.25 or 9.23%. The stock has shown strong performance today, outperforming its sector by 7.59% and achieving a consecutive gain over the last two days with a total return of 10.78%. It reached an intraday high of Rs 15.6, although it also faced volatility, trading within a wide range of Rs 3.55. Despite a decline in delivery volume by 44.49% against the 5-day average, the company has recently reported positive financial results, including a significant growth in profit before tax and net sales, which may have contributed to the stock's upward movement.
In the broader market context, BFL Asset Finvest's short-term return of 2.56% over the past week contrasts sharply with the Sensex, which has declined by 0.51% in the same period. However, the stock has underperformed the benchmark over the longer term, with a year-to-date decline of 30.22% compared to the Sensex's gain of 3.15%. While the recent positive financial results and attractive valuation may have bolstered investor sentiment, the company's weak long-term fundamentals and consistent underperformance against the benchmark over the last three years remain concerning factors that could influence future price movements.