Why is VRL Logistics falling/rising?

As of 31-Jul, VRL Logistics Ltd is experiencing a price increase, currently at 619.40, reflecting a change of 6.3 or 1.03% upward. Despite opening with a loss of 2.84% today, the stock reached an intraday high of Rs 636, indicating some recovery during the trading session. Over the past week, the stock has seen a decline of 2.46%, but it has performed well over the past month with a gain of 5.67%. The company has reported strong financial results, including a 24.96% growth in net profit and positive results for the last three consecutive quarters, contributing to a favorable valuation compared to its peers. Additionally, high institutional holdings at 28.54% suggest confidence in the company's fundamentals.
In the broader market context, while the stock has outperformed the sector by 2.05% today, it has also shown resilience with a 7.31% return over the past year, contrasting with the negative returns of -3.20% from the BSE500 index. This performance indicates that VRL Logistics is managing to attract investor interest despite broader market challenges. However, the stock's long-term growth prospects may be tempered by slower growth in net sales and operating profit over the last five years, which could pose risks to sustained upward momentum.