Why is BLS Internat. falling/rising?

As of 07-Aug, BLS International Services Ltd is experiencing a decline in its stock price, currently at Rs 399.90, which reflects a decrease of 2.25 points or 0.56%. Despite this drop, the stock has shown resilience in the short term, outperforming its sector by 0.44% today and having gained 5.20% over the past week. However, the stock has faced a trend reversal after three consecutive days of gains. It reached an intraday high of Rs 415 but also dipped to a low of Rs 393.65. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend. The company has demonstrated strong performance with a low debt-to-equity ratio and impressive growth in net sales and operating profit, having declared positive results for the last 17 consecutive quarters.
In the broader market context, BLS International's recent performance contrasts with the Sensex, which has declined by 0.69% over the past week. While the stock has shown positive returns over longer periods, such as a 4.01% increase over the last year, the recent decrease in institutional investor participation, with a 0.79% reduction in their stake, may be contributing to the current downward pressure on the stock. This decline in institutional interest could signal a lack of confidence among more experienced investors, potentially impacting retail investor sentiment as well.