Why is Aegis Logistics falling/rising?

As of 02-Jul, Aegis Logistics Ltd is currently priced at 747.55, reflecting an increase of 2.35 or 0.32%. The stock has shown a trend reversal by gaining after three consecutive days of decline. Despite this uptick, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally bearish trend. The stock has underperformed in the short term, with a 1-week return of -6.40% compared to the Sensex's +0.79%. However, there has been a notable increase in investor participation, with delivery volume rising by 51.35% against the 5-day average. The company benefits from high management efficiency, a low Debt to EBITDA ratio, and strong long-term growth in operating profit, which may contribute positively to investor sentiment.
In the broader market context, Aegis Logistics has struggled relative to the benchmark, with a year-to-date decline of -8.97% compared to the Sensex's gain of +6.75%. This underperformance highlights the challenges the stock faces in the current market environment. Despite the recent positive movement, the stock's overall performance remains weak in comparison to the broader market, which may affect investor confidence. The high institutional holdings at 24.38% suggest that knowledgeable investors are backing the company, potentially providing some stability amidst its recent volatility.