Why is Allcargo Logist. falling/rising?

As of 29-Aug, Allcargo Logistics Ltd is experiencing a decline in its stock price, currently at 31.21, which reflects a decrease of 0.29 or 0.92%. The stock has been on a downward trend, losing value for the last six consecutive days and accumulating a total return of -9.93% during this period. Additionally, the stock's performance over the past week and month shows significant underperformance, with returns of -7.53% and -9.64%, respectively. The company has reported poor financial results, including a substantial drop in PAT and net sales, which has contributed to a negative sentiment among investors. Furthermore, the stock is trading below its moving averages, indicating a bearish trend, despite a high dividend yield of 6.63% that might attract some investors.
In the broader market context, Allcargo Logistics Ltd has underperformed the benchmark Sensex, which has seen a slight decline of only 1.84% over the past week and 1.88% over the past month. The stock's year-to-date performance is particularly concerning, with a staggering drop of 37.84%, contrasting sharply with the Sensex's positive return of 2.14%. The company's long-term growth prospects appear bleak, as evidenced by a significant decline in operating profit over the last five years, leading to a perception of risk among institutional investors, who have reduced their stake in the company. This consistent underperformance against the benchmark and the negative operating profits have collectively contributed to the stock's current downward trajectory.