Why is Blue Dart Expres falling/rising?

As of 10-Jul, Blue Dart Express Ltd's stock price is currently at 6,694.00, reflecting an increase of 68.45 or 1.03%. The stock has been gaining for the last two days, with a total return of 1.39% during this period. However, it has underperformed its sector by 0.68% today. The stock's performance over the past week shows a decline of 2.11%, while it has seen a modest increase of 2.38% over the last month. Despite a high management efficiency indicated by a ROCE of 24.38% and a strong ability to service debt with a low Debt to EBITDA ratio of 0.87, the company has faced challenges, including negative results in March 2025, where both PBT and PAT fell significantly. This has contributed to a year-to-date decline of 3.31% and a substantial 20.11% drop over the past year, indicating consistent underperformance against benchmarks.
In the broader market context, the Sensex has shown a slight decline of 0.06% over the past week and a positive return of 0.97% over the last month, contrasting with Blue Dart's recent performance. The stock's long-term growth potential is supported by a healthy operating profit growth rate of 25.03%, but its recent underperformance against the BSE500 over the last three years raises concerns. The stock is currently trading at a discount compared to its peers' average historical valuations, which may affect investor sentiment. Overall, while there are positive indicators for Blue Dart Express, the recent negative financial results and ongoing underperformance against the market are significant factors influencing its stock price movement.