Why is Blue Dart Expres falling/rising?

As of 08-Jul, Blue Dart Express Ltd's stock price is currently at 6,602.00, reflecting a decrease of 87.85 points, or 1.31%. The stock has underperformed its sector today by 1.41%, and its delivery volume has significantly dropped by 87.96% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has declined by 3.68%, while it has shown a modest gain of 1.33% over the past month. However, the stock's year-to-date performance is down 4.64%, and it has experienced a substantial decline of 21.78% over the past year. Despite a high management efficiency with a ROCE of 24.38% and a strong ability to service debt, the recent negative financial results, including a 29.1% fall in PAT and a consistent underperformance against benchmarks, have contributed to the stock's downward movement.
In the broader market context, the Sensex has shown a slight increase of 0.02% over the past week and a more substantial gain of 7.13% year-to-date, contrasting with Blue Dart's negative performance. The stock's recent decline is particularly notable given its consistent underperformance against the benchmark over the last three years, where it has generated negative returns while the broader market has thrived. This disparity highlights the challenges Blue Dart faces in regaining investor confidence, especially in light of its recent financial setbacks and the overall market's upward trend.