Why is Blue Dart Expres falling/rising?

As of 04-Jul, Blue Dart Express Ltd's stock price is currently at Rs 6,684.50, reflecting a decline of Rs 153.7 or 2.25%. The stock has underperformed its sector by 2.54% today and has experienced consecutive falls over the last two days, totaling a decrease of 3.21%. Despite a positive performance over the past week and month, with returns of 4.99% and 4.18% respectively, the stock has shown a significant decline of 18.44% over the past year. Key financial indicators reveal a high management efficiency with a return on capital employed (ROCE) of 24.38%, but the company has also reported negative results, including a 29.1% fall in profit after tax for the latest quarter. This combination of strong operational metrics and disappointing financial results contributes to the stock's recent downward movement.
In the broader market context, Blue Dart's short-term performance contrasts with the benchmark, as the Sensex has shown a slight decline of 0.74% over the past week. The stock's year-to-date performance is also concerning, with a decline of 3.45% compared to the Sensex's gain of 6.77%. Furthermore, the stock has consistently underperformed against the benchmark over the last three years, which may be influencing investor sentiment negatively. The falling investor participation, indicated by a significant drop in delivery volume, suggests a lack of confidence among traders, further exacerbating the stock's decline.