Why is BLS Internat. falling/rising?

As of 25-Sep, BLS International Services Ltd is experiencing a decline in its stock price, currently at Rs 343.30, which represents a decrease of Rs 12.85 or 3.61%. The stock has been underperforming, having lost 7.08% over the last six days, and it is trading below all key moving averages. Additionally, the stock's performance today has underperformed its sector by 2.6%. In the broader context, the stock has shown a significant decline of 28.90% year-to-date, despite reporting strong growth in net sales and operating profit, which have increased at annual rates of 31.58% and 66.35%, respectively. However, the recent decrease in institutional investor participation, with a reduction of 0.79% in their stakes, may be contributing to the stock's downward pressure.
In the broader market context, BLS International's short-term performance has been notably worse than the benchmark, with a 1-week return of -6.96% compared to the Sensex's decline of only 2.23%. This stark contrast highlights the stock's struggles relative to the overall market. While the company has demonstrated healthy long-term growth and maintains a low debt-to-equity ratio, the recent trend of falling investor participation and the stock's consecutive losses suggest a lack of confidence among investors, impacting its price negatively.