Why is Blue Cloud Soft. falling/rising?

As of 07-Jul, Blue Cloud Softech Solutions Ltd is experiencing a price increase, with its current price at 35.46, reflecting a change of 0.69 or 1.98% upward. The stock has shown strong performance recently, gaining 45.15% over the last 19 consecutive days and outperforming its sector by 2.62% today. In terms of returns, the stock has increased by 10.33% over the past week and 45.09% over the past month, although it has significantly underperformed over the year with a decline of 84.21%. Positive factors contributing to this rise include healthy long-term growth, as evidenced by a 58.70% annual growth rate in net sales and a 121.28% increase in profit after tax over the last nine months. Additionally, the company has reported positive results for nine consecutive quarters, and its attractive valuation compared to peers may be drawing investor interest.
In the broader market context, while the Sensex has shown a slight decline of 0.20% over the past week and a modest increase of 1.53% over the past month, Blue Cloud's short-term performance has significantly outpaced the benchmark. However, it is important to note that despite its recent gains, the stock has underperformed the market over the past year, which may raise concerns among investors. The stock's high institutional holdings at 22.94% suggest that knowledgeable investors are backing the company, which could provide some stability. Nonetheless, the falling investor participation indicated by a 9.17% drop in delivery volume may pose a risk to sustaining the current upward momentum.