Why is Chart.Logistics falling/rising?

As of 24-Sep, Chartered Logistics Ltd is currently priced at 8.26, reflecting an increase of 0.08 or 0.98%. Despite this slight uptick, the stock has shown a negative performance over the past week and month, with declines of 1.43% and 3.28%, respectively. The stock is trading below its moving averages across various time frames, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 81.57% compared to the five-day average. While the company has an attractive valuation with a return on capital employed (ROCE) of 2.5 and increased promoter holding at 44.87%, it has also faced challenges such as a 4.1% decline in profits over the past year and a concerning debt to EBITDA ratio of 6.56 times, which suggests weak long-term fundamental strength.
In the broader market context, the stock has underperformed the Sensex, which has gained 0.50% over the past month while Chartered Logistics Ltd has declined by 3.28%. This underperformance is further highlighted by the stock's year-to-date return of -33.12%, contrasting sharply with the Sensex's positive return of 4.58%. The overall market sentiment appears to be cautious, as indicated by the stock's inability to attract investor interest and its poor performance relative to the benchmark indices over various time frames.