Why is BLS Internat. falling/rising?

As of 16-Jul, BLS International Services Ltd is experiencing a price increase, currently at 387.35, which reflects a rise of 3.85 or 1.0%. The stock has been gaining for the last two days, with a total return of 1.91% during this period. It is performing well against its moving averages, being higher than the 5-day, 20-day, 50-day, and 100-day averages, although it remains lower than the 200-day average. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 48.38% compared to the 5-day average. The company has demonstrated strong long-term fundamentals, with a consistent Return on Equity (ROE) of 22.29% and healthy growth in operating profit at an annual rate of 50.64%. Furthermore, BLS International has reported positive results for the last 16 consecutive quarters, contributing to its recent upward movement.
In the broader market context, the stock has outperformed the benchmark Sensex in the short term, with a 1-week return of +3.46% compared to the benchmark's -1.08%. While the stock has shown a year-to-date decline of 19.78%, it has generated a positive return of 7.18% over the past year, indicating resilience compared to the benchmark's 2.38% gain. The stock's consistent performance over the last three years, with a remarkable increase of 240.83%, further highlights its strength relative to the broader market. Overall, the combination of strong fundamentals, positive quarterly results, and improved investor interest has contributed to the stock's recent rise.