Why is Blue Star falling/rising?

As of 19-Sep, Blue Star Ltd. is currently priced at 1,963.65, reflecting a slight increase of 2.3 (0.12%). The stock has shown a positive trend, gaining 4.32% over the past week and outperforming its sector by 0.25% today. It has been on a consecutive gain streak for the last five days, with trading above all key moving averages, indicating strong momentum. Additionally, the company has demonstrated robust long-term fundamentals, with net sales growing at an annual rate of 22.33% and a low debt-to-equity ratio of 0.07 times. High institutional holdings at 39.58% suggest confidence from knowledgeable investors, further supporting the stock's upward movement.
In the broader market context, Blue Star's recent performance has significantly outpaced the Sensex, which only gained 0.88% over the past week. While the stock has underperformed year-to-date with a decline of 7.70%, its one-year return of 5.35% indicates resilience compared to the Sensex's slight decline of 0.67%. This contrast highlights Blue Star's ability to generate consistent returns over the past three years, outperforming the BSE500 in each of those periods, which may contribute to investor confidence and the stock's recent price increase.