Why is Aegis Logistics falling/rising?

As of 05-Sep, Aegis Logistics Ltd is experiencing a price increase, currently at 708.50, reflecting a rise of 7.2 or 1.03%. The stock has shown a positive performance today, outperforming its sector by 0.71% and has been on a consecutive gain streak for the last three days, accumulating a total return of 2.53% during this period. However, despite this recent uptick, the stock has underperformed over the longer term, with a year-to-date decline of 13.72% and a one-year drop of 16.59%. The company has demonstrated high management efficiency with a return on capital employed (ROCE) of 15.18% and a strong ability to service debt, indicated by a low Debt to EBITDA ratio of 1.01 times. Nevertheless, negative results reported for June 25, including a significant fall in profit after tax, have raised concerns about its valuation, which is considered expensive relative to its peers.
In the broader market context, Aegis Logistics has outperformed the Sensex in the short term, with a weekly return of 5.34% compared to the benchmark's 1.13%. However, the stock's long-term performance has been disappointing, as it has underperformed the market over the past year, with a return of -16.59% against the BSE500's decline of only -4.41%. This disparity highlights the challenges the company faces despite its recent gains, as it continues to grapple with falling investor participation and a significant drop in delivery volume. The high institutional holdings at 23.19% suggest that more sophisticated investors are monitoring the company's fundamentals closely, which may influence future price movements.