Why is Blue Dart Expres falling/rising?

As of 28-Jul, Blue Dart Express Ltd is experiencing a decline in its stock price, currently at Rs 6,583.00, which reflects a decrease of Rs 130.0 or 1.94%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 4.46% during this period. Additionally, the stock's performance over the past week shows a decrease of 3.02%, while its year-to-date return is down by 4.92%. The company has reported negative financial results, with a significant drop in profit before tax and profit after tax, contributing to a perception of an expensive valuation despite its high management efficiency and strong ability to service debt. In the broader market context, the stock's short-term performance has been worse than the benchmark, as the Sensex has only declined by 1.59% over the same week. This consistent underperformance against the benchmark over the last three years, coupled with a year-on-year return of -16.32%, highlights the challenges Blue Dart Express faces in attracting investor confidence. The falling investor participation, indicated by a significant drop in delivery volume, further exacerbates the stock's decline, suggesting a lack of interest from the market despite the company's healthy long-term growth prospects.