Why is VRL Logistics falling/rising?

As of 04-Jul, VRL Logistics Ltd is experiencing a slight increase in its stock price, currently at 600.85, reflecting a change of 1.0 or 0.17% upward. The stock has shown a strong performance recently, gaining 4.96% over the past week and 5.28% over the past month. It is also trading close to its 52-week high, just 4.89% away from Rs 630.25. The company has reported positive financial results, including a 24.96% growth in net profit and strong operating metrics, which have contributed to its favorable valuation. However, there is a noted decline in investor participation, with delivery volume decreasing by 26.27% against the 5-day average, which could be a concern for future trading activity.
In the broader market context, VRL Logistics has outperformed the Sensex in the short term, with a 4.96% return over the past week compared to the benchmark's decline of 0.74%. While the stock has shown solid returns year-to-date at 19.33%, it has lagged over a three-year period with a decline of 4.67% against the Sensex's significant gain of 56.73%. The high institutional holdings at 28.95% suggest confidence from more knowledgeable investors, which may support the stock's upward movement despite the risks associated with its long-term growth potential.