Why is Blue Cloud Soft. falling/rising?

As of 16-Jul, Blue Cloud Softech Solutions Ltd is experiencing a price increase, with its current price at 34.58, reflecting a rise of 0.57 or 1.68%. The stock has shown a positive performance today, outperforming its sector by 1.21% and has gained consecutively over the last two days, accumulating a total return of 3.69% during this period. Despite a significant decline of 85.59% over the past year, the company has reported strong fundamentals, including a 58.70% annual growth rate in net sales and a 148.23% increase in operating profit. Additionally, the stock is trading at a discount compared to its peers, and the company has maintained positive results for the last nine consecutive quarters, which may contribute to the recent upward movement.
In the broader market context, the stock has underperformed the benchmark, with a 1-year return of -85.59% compared to the BSE500's return of 0.47%. However, in the short term, the stock's performance has been more favorable, as it has outperformed the sector and shown increased investor participation, with delivery volume rising significantly. The high institutional holdings at 22.94% suggest that knowledgeable investors are backing the stock, which may provide some confidence to retail investors. Overall, while the stock has had a challenging year, recent positive trends in performance and fundamentals are contributing to its current rise.