Why is Blue Star falling/rising?

As of 11-Jul, Blue Star Ltd. is currently priced at 1,799.75, reflecting an increase of 4.3 points or 0.24%. Today's price movement indicates a trend reversal as the stock has gained after five consecutive days of decline. Despite a recent drop of 2.19% over the past week, the stock has shown a positive performance of 10.28% over the last month. The company has demonstrated strong fundamentals, with a low debt-to-equity ratio and consistent growth in operating profit, which has increased at an annual rate of 30.86%. Additionally, Blue Star has reported positive results for the last 17 consecutive quarters, with significant cash reserves and growing net sales, contributing to its recent price increase.
In the broader market context, Blue Star's short-term performance has lagged behind the benchmark Sensex, which has only declined by 1.12% over the same week. However, the stock has outperformed the benchmark over longer periods, including a 2.90% return over the past year compared to the Sensex's 3.26%. The stock's liquidity remains sufficient for trading, although there has been a notable decline in investor participation, with delivery volume falling by 31.68% against the five-day average. Despite this, high institutional holdings at 40.08% suggest confidence in the company's long-term prospects, which may support its current upward price movement.