Why is Aegis Logistics falling/rising?

As of 09-Jul, Aegis Logistics Ltd is currently priced at 747.50, reflecting a decline of 7.65 points or 1.01%. The stock has been underperforming recently, having fallen for three consecutive days, with a total decline of 1.07% during this period. It has also touched an intraday low of Rs 740.05, indicating a 2% drop. Over the past month, the stock has decreased by 7.19%, and year-to-date, it has fallen by 8.97%. Despite its high management efficiency and strong ability to service debt, as indicated by a low Debt to EBITDA ratio and a high return on capital employed (ROCE), these positive factors have not been sufficient to counteract the recent downward price movement. Additionally, the stock is trading below all its moving averages, and there has been a significant drop in investor participation, with delivery volume falling by 58.72% against the five-day average.
In the broader market context, Aegis Logistics has underperformed compared to the benchmark Sensex, which has gained 0.15% over the past week while the stock has remained nearly flat at -0.01%. The stark contrast in performance is evident over the longer term as well, with the stock down 19.85% over the past year compared to the Sensex's 3.96% increase. This underperformance may be contributing to a lack of investor confidence, further exacerbated by the declining liquidity and participation in trading. Despite the company's healthy long-term growth prospects and high institutional holdings, the current market sentiment appears to be weighing heavily on the stock's price.