Why is AVG Logistics falling/rising?

As of 03-Nov, AVG Logistics Ltd's stock price is currently at 215.50, reflecting a decline of 4.5, or 2.05%. The stock has been underperforming, having fallen for the last three consecutive days, resulting in a total decrease of 6.89% during this period. It opened with a loss of 4.07% today and reached an intraday low of Rs 211.05. Over the past week, the stock has decreased by 5.07%, and it has significantly underperformed the benchmark Sensex, which has only declined by 0.94%. The stock's performance over the past year shows a staggering decline of 57.40%, while the Sensex has gained 5.34%. The company's weak financial indicators, including a poor EBIT to Interest ratio of 1.97 and a decline in operating profit, contribute to the negative sentiment surrounding the stock. Additionally, the high percentage of pledged promoter shares, which has increased to 45.26%, adds further downward pressure.
In the broader market context, AVG Logistics' recent performance starkly contrasts with the benchmark's stability. While the stock has struggled, the Sensex has shown resilience, indicating a broader market strength that AVG Logistics has failed to capitalize on. The company's inability to service its debt effectively and the significant drop in profits over the past year have led to a lack of investor confidence, further exacerbated by the stock's poor long-term growth prospects. The rising investor participation, as indicated by a 121.52% increase in delivery volume, suggests some interest, but it has not been enough to counteract the prevailing negative trends. Overall, AVG Logistics is facing substantial challenges that are reflected in its declining stock price.