Why is BLS E-Services falling/rising?

As of 02-Sep, BLS E-Services Ltd is currently priced at 177.45, reflecting a slight increase of 0.5 (0.28%). The stock has shown a trend reversal, gaining after three consecutive days of decline. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally weaker performance in the short term. Despite a recent decline of 3.03% over the past month and a significant drop of 25.09% over the past year, the company has reported strong financial growth, with net sales increasing by 224.30% in the latest six months and a consistent record of positive results over the last six quarters. The low debt-to-equity ratio and a favorable PEG ratio of 0.4 suggest that the stock is fairly valued, which may support its recent price increase.
In the broader market context, BLS E-Services has underperformed compared to the Sensex, which has seen a decline of only 0.78% over the past week and a modest increase of 2.58% year-to-date. The stock's recent performance is inline with sector trends, and the rising investor participation, as indicated by a 33.39% increase in delivery volume, may be contributing to the upward price movement. However, the overall negative returns over longer periods highlight the challenges the company faces in regaining investor confidence amidst a generally positive market backdrop.