Why is BPL falling/rising?

As of 18-Aug, BPL Ltd's stock price is currently at Rs 77.30, reflecting an increase of Rs 2.4 or 3.2%. The stock has shown a positive performance today, outperforming its sector by 3.17% and reaching an intraday high of Rs 78.44, which is a 4.73% increase. However, the stock has had a challenging performance over the longer term, with a return of -39.37% over the past year and -11.35% over the past month. Despite this, the company has reported positive financial metrics, including a significant increase in profits and a low debt-to-equity ratio, which contribute to its attractive valuation relative to peers.
In the broader market context, BPL Ltd's short-term return of +2.82% over the past week significantly outperforms the Sensex, which has only increased by 0.83% in the same period. This indicates that while the stock has been volatile and underperformed in the longer term, it is currently gaining traction in the short term, likely driven by rising investor participation and favorable financial results. However, the stock's long-term growth prospects remain a concern, as indicated by its poor performance relative to the BSE500 and a modest operating profit growth rate over the last five years.