Why is VRL Logistics falling/rising?

As of 15-Jul, VRL Logistics Ltd's stock price is rising, currently at 624.70, reflecting an increase of 6.95 or 1.13%. The stock has been gaining momentum, having risen for the last four consecutive days, with a total return of 3.51% during this period. It is trading close to its 52-week high, just 0.89% away from 630.25. The company has demonstrated strong financial performance, with a net profit growth of 24.96% and positive results for the last three consecutive quarters. Additionally, the stock's attractive valuation, indicated by a low PEG ratio of 0.3 and high institutional holdings at 28.95%, suggests that it is well-regarded by investors. However, there are concerns regarding its long-term growth potential, 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 Sensex in the short term, with a 1-week return of +3.01% compared to the benchmark's -1.36%. This strong performance relative to the market may be contributing to increased investor interest and participation, as evidenced by a 24.56% rise in delivery volume. The stock's consistent performance and positive financial indicators have positioned it favorably against the backdrop of a generally weaker market, reinforcing investor confidence in its potential for continued growth.