Why is Blue Dart Expres falling/rising?

As of 11-Sep, Blue Dart Express Ltd's stock price is currently at Rs 5,760.00, reflecting an increase of Rs 24.0 or 0.42%. The stock has shown a positive trend recently, gaining for the last three days with a total return of 0.59% during this period. However, it remains 4.79% away from its 52-week low and has underperformed in the longer term, with a year-to-date decline of 16.80% and a one-year return of -29.33%. Despite a high management efficiency indicated by a ROCE of 24.38% and a strong ability to service debt, the company has faced negative results in its latest quarter, which has contributed to its overall underperformance against benchmarks over the past three years.
In the broader market context, Blue Dart's short-term return of 1.42% over the past week outpaces the Sensex's return of 1.03%, indicating a slight relative strength in the short term. However, the stock's long-term performance has been disappointing, with a significant decline of 35.65% over the past three years compared to the Sensex's gain of 36.38%. This consistent underperformance, coupled with falling investor participation and a high valuation relative to its peers, suggests that while there may be short-term gains, the overall sentiment towards Blue Dart remains cautious.