Why is Aegis Logistics falling/rising?

As of 04-Sep, Aegis Logistics Ltd is currently priced at 701.30, reflecting a slight increase of 0.75 (0.11%). The stock has shown a positive trend recently, gaining 1.49% over the last two days and outperforming its sector by 1.13% today. However, over the past month, the stock has declined by 4.17%, and its year-to-date performance shows a significant drop of 14.60%. Despite a high management efficiency indicated by a ROCE of 15.18% and a strong ability to service debt with a low Debt to EBITDA ratio of 1.01 times, the company has faced challenges. Negative results reported for June, including a 20.8% fall in PAT and a 15.2% decline in PBT, contribute to concerns about its valuation, which is considered expensive relative to its peers.
In the broader market context, Aegis Logistics has underperformed compared to the benchmark, with a one-year return of -17.25% against the Sensex's decline of only 1.98%. While the stock has shown some resilience in the short term, its long-term performance remains concerning, especially given the broader market's relatively stable performance. The stock's liquidity is adequate, but a significant drop in delivery volume by 52.25% against the five-day average indicates falling investor participation, which could further pressure the stock price. Overall, while there are some positive indicators, the negative financial results and underperformance relative to the market suggest a cautious outlook for Aegis Logistics.