Why is BLS Internat. falling/rising?

As of 07-Jul, BLS International Services Ltd is experiencing a price increase, currently at 377.65, which reflects a rise of 11.95 or 3.27%. The stock has shown positive momentum, gaining for the last three days with a total return of 3.84% during this period. Today's performance indicates that it has outperformed its sector by 2.57%, and it reached an intraday high of Rs 384.4, marking a 5.11% increase. Despite this positive movement, the stock's performance over the past month shows a decline of 5.37%, and year-to-date, it is down 21.79%. However, the company has demonstrated strong long-term fundamentals, with a consistent average Return on Equity (ROE) of 22.29% and significant growth in operating profit.
In the broader market context, the stock's recent short-term performance contrasts with the benchmark Sensex, which has seen a slight decline of 0.20% over the past week. While BLS International has outperformed the benchmark in the short term, its year-to-date performance lags significantly behind the Sensex's gain of 6.79%. The stock's liquidity remains adequate for trading, though there has been a notable decrease in investor participation, with delivery volume dropping by 49.79% compared to the five-day average. This decline in participation could indicate a cautious sentiment among investors despite the company's positive quarterly results and strong fundamentals.