Why is BLS Internat. falling/rising?

As of 31-Jul, BLS International Services Ltd is experiencing a price increase, currently at 380.15, reflecting a rise of 3.2 (0.85%). The stock has shown a positive trend, gaining 5.19% over the last three days, despite opening lower today with a loss of 3.22%. The stock's performance has outpaced its sector by 1.45%, and it has demonstrated strong long-term fundamentals, including a consistent return on equity of 22.29% and significant growth in operating profit. The company has reported positive results for the last 16 consecutive quarters, with a notable increase in net sales and profit after tax, contributing to the stock's recent upward movement.
In the broader market context, BLS International's short-term performance contrasts with the Sensex, which has declined by 1.22% over the past week. While the stock has outperformed the benchmark in the short term, it has underperformed on a year-to-date basis, with a decline of 21.27% compared to the Sensex's gain of 3.90%. The rising investor participation, indicated by a significant increase in delivery volume, suggests growing confidence in the stock, which may be contributing to its recent price rise amidst a generally challenging market environment.