Why is Blue Dart Expres falling/rising?

As of 19-Sep, Blue Dart Express Ltd's stock price is currently at Rs 5,769.20, reflecting a decrease of Rs 100.5 or 1.71%. The stock has underperformed its sector by 1.05% today and is close to its 52-week low, being only 4.94% away from Rs 5,484. The stock has experienced a trend reversal, falling after three consecutive days of gains. Over the past week, the stock has shown a slight increase of 0.73%, but it has declined by 1.36% over the past month and 16.67% year-to-date. The company's financial performance has been concerning, with a significant drop in profits and operating metrics in the latest quarter, contributing to its negative sentiment. Despite a high return on capital employed (ROCE) of 24.38% and strong long-term growth potential, the stock's valuation appears expensive relative to its peers, and it has consistently underperformed against the benchmark over the last three years.
In the broader market context, the Sensex has increased by 0.88% over the past week, contrasting with Blue Dart's modest gain, indicating a relative weakness in the stock's performance. While the stock has shown some liquidity with a notable increase in delivery volume, the overall market sentiment remains cautious due to the company's recent negative results and declining profitability. The stock's performance over the last year, with a return of -30.21%, further highlights its struggle against the benchmark, which has only seen a slight decline of 0.67% during the same period. This consistent underperformance against the market and the company's disappointing financial results are likely contributing factors to the stock's current downward movement.