Why is Allcargo Logist. falling/rising?

As of 28-Aug, Allcargo Logistics Ltd is experiencing a decline in its stock price, currently at 31.50, reflecting a decrease of 0.64 or 1.99%. The stock has been underperforming, having lost 9.09% over the last five days and is trading below all key moving averages. Additionally, the company has reported a significant drop in its operating profit, with a staggering annual decline of 164.41% over the past five years. The recent quarterly results show a negative profit after tax of Rs -106.13 crore and a decrease in net sales, contributing to a high-risk perception among investors. Although the stock has a high dividend yield of 6.53%, the overall financial health appears weak, with institutional investors reducing their stakes by 2.32% in the last quarter.
In the broader market context, Allcargo Logistics Ltd has underperformed against the benchmark, with a one-week return of -8.64% compared to the Sensex's -2.34%. Over the past year, the stock has generated a return of -54.60%, significantly lagging behind the benchmark's performance. This consistent underperformance, coupled with the negative sentiment from declining institutional participation, indicates a challenging environment for the stock. The overall market conditions and the company's poor financial results have led to a lack of confidence among investors, contributing to the stock's downward trajectory.