Why is AVG Logistics falling/rising?

As of 11-Aug, AVG Logistics Ltd is experiencing a decline in its stock price, currently at Rs 235.25, which reflects a decrease of Rs 7.25 or 2.99%. The stock has underperformed its sector by 2.64% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 4.08%. Although the stock opened with a gain of 11.22% and reached an intraday high of Rs 269.7, it ultimately fell to its current price, indicating high volatility with an intraday fluctuation of 10.99%. Over the past week, the stock has decreased by 3.68%, and its performance over the last month shows a significant decline of 17.77%, while the year-to-date return stands at a staggering -37.65%.
In the broader market context, AVG Logistics has notably underperformed compared to the Sensex, which has gained 3.15% year-to-date. The company's weak financial indicators, including a poor EBIT to Interest ratio of 1.89 and a long-term operating profit decline of 8.13% over the past five years, contribute to investor concerns. Despite a relatively attractive valuation with a return on capital employed (ROCE) of 11.4 and a discount compared to peers, the stock's negative performance over the past year (-51.69%) and the flat results reported in March further exacerbate its downward trajectory. Consequently, these factors collectively suggest a lack of confidence in the company's ability to generate sustainable growth, leading to the current decline in stock price.