Why is BLS Internat. falling/rising?

As of 08-Jul, BLS International Services Ltd is experiencing a price increase, currently at 379.25, reflecting a change of 1.6 or 0.42% upward. The stock has shown a positive trend, gaining for the last four consecutive days with a total return of 4.28% during this period. It has outperformed its sector by 0.65% today, and the delivery volume has significantly increased by 352.67% compared to the five-day average, indicating rising investor participation. Despite a decline of 4.97% over the past month and a year-to-date drop of 21.46%, the company has demonstrated strong long-term fundamentals, with a consistent return on equity of 22.29% and healthy operating profit growth at an annual rate of 50.64%. The company has also reported positive results for the last 16 consecutive quarters, contributing to its recent stock performance.
In the broader market context, BLS International's short-term return of 4.05% over the past week stands in stark contrast to the Sensex, which has only increased by 0.02% during the same period. While the stock has faced challenges in the longer term, as evidenced by its year-to-date performance, it has consistently outperformed the BSE500 over the last three years. This resilience, coupled with strong fundamentals and a low debt-to-equity ratio, suggests that the recent upward movement in the stock price may be driven by renewed investor confidence and positive market sentiment, despite the overall market conditions.