Why is BLS Internat. falling/rising?

As of 11-Jun, BLS International Services Ltd is experiencing a decline in its stock price, currently at Rs 378.80, which reflects a decrease of Rs 7.25 or 1.88%. Today's performance indicates that the stock has underperformed its sector by 2.51%, with an intraday low of Rs 377.5, marking a drop of 2.21%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 16.13% compared to the 5-day average. Despite these short-term challenges, the company has shown strong long-term fundamentals, with a consistent return on equity of 22.29% and impressive growth in operating profit and net sales over the last six months.
In the broader market context, BLS International's short-term performance has been significantly weaker than the benchmark, with a 1-week return of -7.37% compared to the Sensex's gain of 1.87%. While the stock has delivered positive returns over the longer term, including a 15.84% increase over the past year, the recent decline highlights a disconnect between its strong fundamentals and current market sentiment. The company's consistent performance over the last three years, including positive results for 16 consecutive quarters, suggests that the recent price drop may be more reflective of market conditions rather than underlying business performance.