Why is Blue Cloud Soft. falling/rising?

As of 23-Jun, Blue Cloud Softech Solutions Ltd is experiencing a price increase, currently at 29.13, reflecting a change of 0.57 or 2.0% upward. The stock has shown strong performance recently, with a consecutive gain over the last nine days, resulting in a total return of 19.24% during this period. Additionally, the stock has outperformed its sector by 3.44% today. In terms of returns, the stock has increased by 10.30% over the past week and 45.00% over the past month, although it has faced significant declines over the year and year-to-date, with returns of -83.03% and -70.35%, respectively. The company has demonstrated healthy long-term growth, with net sales growing at an annual rate of 58.70% and operating profit at 148.23%. Positive results over the last nine consecutive quarters, along with a high return on capital employed (ROCE) and attractive valuation metrics, have contributed to the stock's recent upward movement.
In the broader market context, the stock's short-term performance significantly outpaces the benchmark Sensex, which has only increased by 0.12% over the past week and 0.22% over the past month. This contrast highlights the stock's strong recovery and investor interest, as evidenced by a 40.52% increase in delivery volume compared to the five-day average. The high institutional holdings at 22.94% suggest that knowledgeable investors are confident in the company's fundamentals, further supporting the stock's rise. Despite the substantial declines over the longer term, the recent positive trends in sales and profitability indicate a potential turnaround, making the stock attractive to investors looking for growth opportunities.