Why is BLS Internat. falling/rising?

As of 12-Nov, BLS International Services Ltd is experiencing a rise in its stock price, currently at 336.55, reflecting an increase of 27.8 or 9.0%. Today's price performance indicates that the stock has outperformed its sector by 7.34%, reaching an intraday high of Rs 340, which is a 10.12% increase. The stock has shown a positive trend in investor participation, with delivery volume rising by 75.14% compared to the 5-day average. Despite a mixed performance over the past month and year, where the stock has seen declines of 0.19% and 15.41% respectively, it has demonstrated significant growth over the longer term, with a remarkable 1589.08% increase over the past five years. The company's strong fundamentals, including a low debt-to-equity ratio and consistent growth in net sales and operating profit, support its recent price movement.
In the broader market context, BLS International's short-term return of +4.57% over the past week significantly outpaces the Sensex's return of +1.21% during the same period. While the stock has underperformed relative to the benchmark over the past month and year, its strong quarterly results and consistent profitability over the last 18 quarters suggest a solid foundation for future growth. The stock is currently trading at a discount compared to its peers, with a favorable PEG ratio of 0.5, indicating that it may be undervalued despite recent price fluctuations. Overall, the combination of positive earnings reports and increased investor interest appears to be driving the stock's upward movement.