Why is VRL Logistics falling/rising?

As of 31-Oct, VRL Logistics Ltd's stock price is currently at Rs 280.60, reflecting an increase of Rs 10.5 or 3.89%. The stock has outperformed its sector by 4.91% today, reaching an intraday high of Rs 286, which is a 5.89% rise. Over the past week, the stock has gained 3.85%, while its one-month return is 2.50%. Notably, the company has shown strong financial performance, with operating profit growing at an annual rate of 128.01% and a significant increase in profit after tax over the last six months. Additionally, the stock is trading at a discount compared to its peers, and high institutional holdings at 28.26% suggest confidence from more knowledgeable investors.
In the broader market context, while VRL Logistics has shown positive short-term returns, the benchmark Sensex has experienced a slight decline of 0.32% over the past week. This indicates that the stock's recent rise is not only a reflection of its strong fundamentals but also a divergence from the broader market trends. The stock's performance is further supported by rising investor participation, as evidenced by a 91.92% increase in delivery volume, which enhances its liquidity and trading appeal. Overall, the combination of robust financial results and favorable trading conditions has contributed to the stock's upward movement.