Why is Aegis Logistics falling/rising?

As of 06-Aug, Aegis Logistics Ltd is experiencing a decline in its stock price, currently at 711.50, which represents a decrease of 9.05 or 1.26%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 2.77% during this period. Additionally, Aegis Logistics is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock's performance over the past week and month shows declines of 1.45% and 5.84%, respectively, while it has underperformed the benchmark Sensex, which has declined by 1.15% and 3.46% in the same periods. Despite some positive indicators such as high management efficiency and strong debt servicing ability, the stock's expensive valuation and flat results in March have contributed to its recent price movement.
In the broader market context, Aegis Logistics' recent performance contrasts with the Sensex, which has shown a slight positive return year-to-date, while Aegis has declined by 13.36% in the same timeframe. The logistics sector overall has also faced challenges, with a decline of 2.69%. The falling investor participation, evidenced by a significant drop in delivery volume, further reflects a lack of confidence among traders. Although the company has high institutional holdings that typically indicate a strong analysis of fundamentals, the combination of recent poor performance metrics and a high PEG ratio suggests that investors may be cautious, leading to the stock's downward trend.