Why is BLS Internat. falling/rising?

As of 11-Aug, BLS International Services Ltd is experiencing a decline in its stock price, currently at Rs 390.05, which represents a decrease of Rs 6.5 or 1.64%. The stock has underperformed its sector by 1.07% today and has been on a consecutive downward trend for the last three days, resulting in a total decline of 3.01%. Despite positive long-term growth indicators, including a significant annual increase in net sales and operating profit, the stock has shown a year-to-date decline of 19.22%. Additionally, the stock's delivery volume has decreased by 43.97% compared to its five-day average, indicating falling investor participation, which may contribute to the recent price drop.
In the broader market context, the stock has outperformed the Sensex over the past week and month, with returns of 1.63% and 1.58%, respectively, while the Sensex has seen declines of 0.51% and 2.30%. However, the stock's year-to-date performance contrasts sharply with the benchmark, which has gained 3.15%. The decrease in institutional investor participation, with a 0.79% reduction in their stake, may also reflect a lack of confidence in the stock's valuation, which is considered expensive relative to its peers. This combination of factors, including recent price declines, reduced trading volume, and falling institutional interest, suggests a challenging environment for BLS International Services Ltd.