Why is Bluegod Enterta. falling/rising?

As of 07-Jul, Bluegod Entertainment Ltd's stock price is currently at Rs 16.48, reflecting an increase of Rs 0.32 or 1.98%. The stock has shown strong performance recently, gaining 8.14% over the last four days and outperforming its sector by 3.49% today. It is also trading above its moving averages across various time frames, indicating positive momentum. Additionally, the company reported a remarkable growth in net sales of 1600% and significant increases in profit metrics, which have contributed to the stock's upward movement. However, there has been a notable decline in investor participation, with delivery volume dropping by 96.98% compared to the five-day average, which could be a concern for future trading activity.
In the broader market context, Bluegod Entertainment Ltd has significantly outperformed the Sensex, with a one-week return of +6.12% compared to the benchmark's -0.20%. Over the past month, the stock has surged by 49.82%, while the Sensex has only increased by 1.53%. Year-to-date, Bluegod's stock has risen by 88.77%, far exceeding the Sensex's 6.79% gain. This strong performance relative to the benchmark highlights the stock's resilience and attractiveness to investors, despite the recent drop in trading volume.