Why is Blue Dart Expres falling/rising?

As of 18-Aug, Blue Dart Express Ltd is experiencing a decline in its stock price, currently at 5,823.30, which reflects a decrease of 26.7 points or 0.46%. The stock has been underperforming, with a consecutive fall over the last three days resulting in a total decline of 1.47%. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 69.32% compared to the 5-day average. The company has faced negative results in its latest quarterly report, showing the lowest operating profit to net sales ratio and a decline in profits over the past year, contributing to its recent price movement.
In the broader market context, Blue Dart Express has underperformed against the Sensex, which has gained 0.83% over the past week, while Blue Dart's stock has decreased by 1.21%. The company has consistently lagged behind the benchmark over the last three years, with a 27.66% decline in stock returns compared to a modest 1.04% gain in the Sensex over the same period. Despite some positive factors such as high management efficiency and strong debt servicing ability, the overall sentiment remains negative due to the company's recent financial performance and valuation concerns, leading to a lack of investor confidence and further downward pressure on the stock price.