Why is VRL Logistics falling/rising?

As of 14-Jul, VRL Logistics Ltd's stock price is rising, currently at 617.75, reflecting an increase of 9.15 or 1.5%. The stock has shown strong performance recently, gaining 2.36% over the last three days and outperforming its sector by 1.03%. It is also close to its 52-week high, just 2.02% away from 630.25. The stock has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The company's recent financial results have been very positive, with a net profit growth of 24.96% and strong performance metrics such as a high return on capital employed (ROCE) and a favorable PEG ratio of 0.3, which suggests attractive valuation compared to peers. However, there are concerns regarding long-term growth, as net sales have only grown at an annual rate of 8.33% over the last five years.
In the broader market context, VRL Logistics has outperformed the benchmark Sensex over the past week, with a return of 2.71% compared to the Sensex's decline of 1.42%. Over the past month, the stock has also significantly outperformed the benchmark, gaining 9.73% while the Sensex increased by only 1.40%. This strong relative performance may reflect increased investor confidence, particularly given the high institutional holdings at 28.95%, which often indicates a more favorable outlook on the company's fundamentals compared to retail investors. Overall, the combination of positive financial results, strong short-term performance, and rising investor participation contributes to the stock's upward movement.