Why is Blue Dart Expres falling/rising?

As of 02-Jul, Blue Dart Express Ltd's stock price is currently at 6,906.30, reflecting an increase of 52.3 points or 0.76%. The stock has shown a strong performance recently, gaining 11.89% over the last seven days, despite opening down by 4.43% today. It has outperformed its sector by 0.71% today, and while it touched an intraday high of Rs 7,079, it also faced a low of Rs 6,550.65. Over the past week, the stock has returned +9.97%, although it has underperformed on a year-to-date basis with a return of -0.25%. Positive factors contributing to the stock's rise include high management efficiency with a ROCE of 24.38%, a low Debt to EBITDA ratio of 0.87, and a healthy long-term growth rate in operating profit of 25.03%. However, the stock has also faced challenges, including negative quarterly results with a significant drop in profit before tax and profit after tax, as well as consistent underperformance against benchmarks over the last three years.
In the broader market context, Blue Dart's recent short-term return of +9.97% over the past week significantly outpaces the Sensex's return of +0.79% during the same period. Despite this, the stock has struggled over the longer term, with a -16.01% return over the past year compared to the Sensex's +5.00%. This indicates that while the stock is experiencing a short-term rally, it has not been able to maintain consistent performance against the broader market over the longer term. The liquidity of the stock remains adequate, with a significant increase in delivery volume, suggesting rising investor interest, which may be supporting the recent price increase.