Why is Blue Cloud Soft. falling/rising?

As of 01-Jul, Blue Cloud Softech Solutions Ltd is experiencing a price increase, currently at 32.78, reflecting a change of 0.64 or 1.99% upward. The stock has shown strong performance recently, gaining 34.18% over the last 15 consecutive days and outperforming its sector by 2.49% today. Over the past week, the stock has risen by 10.33%, and in the last month, it has increased by 47.99%. Despite a significant decline of 85.47% over the past year, the company has reported healthy long-term growth, with net sales increasing at an annual rate of 58.70% and operating profit soaring by 148.23%. The stock's attractive valuation, with a PEG ratio of 0.9 and high institutional holdings at 22.94%, suggests that it may be undervalued compared to its peers.
In the broader market context, the stock has significantly outperformed the benchmark Sensex in the short term, which has only increased by 2.00% over the past week and 2.76% over the past month. However, it is important to note that the stock has underperformed the market over the last year, where the BSE500 generated returns of 3.20%. This long-term underperformance contrasts sharply with the recent positive momentum, indicating that while the stock is currently gaining, it has a challenging history that investors must consider.