Why is VRL Logistics falling/rising?

As of 03-Jul, VRL Logistics Ltd is experiencing a price increase, currently at 599.85, reflecting a rise of 1.65 or 0.28%. The stock has shown strong performance recently, gaining 4.79% over the last four days and outperforming its sector by 0.43% today. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. The company has reported a significant growth in net profit of 24.96% and has declared positive results for the last three consecutive quarters, contributing to a favorable outlook. Additionally, the stock's attractive valuation, with a PEG ratio of 0.3 and high institutional holdings at 28.95%, supports investor confidence despite some concerns regarding long-term growth rates.
In the broader market context, VRL Logistics has outperformed the Sensex in the short term, with a 4.58% increase over the past week compared to a decline of 0.62% in the benchmark index. While the stock has shown a modest return of 1.02% over the past year, it has significantly outpaced the Sensex's 4.07% return, indicating strong relative performance. The rising investor participation, evidenced by a 119.84% increase in delivery volume, further underscores the stock's appeal in a market where it is trading at a discount compared to its peers. Overall, these factors contribute to the stock's upward movement amidst a mixed broader market environment.