Why is Aegis Logistics falling/rising?

As of 25-Jul, Aegis Logistics Ltd is experiencing a decline in its stock price, currently at 736.75, which reflects a decrease of 12.55 points or 1.67%. The stock has been under pressure, having fallen for the last two consecutive days with a total return of -2.44% during this period. It has also touched an intraday low of Rs 734. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume decreasing by 22.99% compared to the 5-day average. Over the past month, the stock has declined by 7.76%, while its year-to-date performance shows a drop of 10.28%. Despite these challenges, the company maintains a high return on capital employed (ROCE) of 15.18% and a low debt-to-EBITDA ratio of 1.01, suggesting strong management efficiency and the ability to service debt, which could support its long-term growth.
In the broader market context, Aegis Logistics' short-term performance has been weaker than the benchmark, with a 1-week return of -0.57% compared to the Sensex's -0.36%. Over the past month, while Aegis has dropped by 7.76%, the Sensex has only decreased by 1.56%. This underperformance may be contributing to the negative sentiment surrounding the stock. However, the company benefits from high institutional holdings at 23.19%, which may provide some stability and confidence among investors. Despite the current decline, the company's strong operational growth, with an annual increase in operating profit of 35.40%, indicates potential for recovery in the long run.