Why is Delhivery falling/rising?

As of 03-Jul, Delhivery Ltd's stock price is currently at Rs 387.70, reflecting an increase of Rs 2.0 or 0.52%. The stock has shown positive momentum, gaining for the last three consecutive days with a total return of 1.23% during this period. It has outperformed its sector by 0.67% today and reached an intraday high of Rs 394.2. Additionally, Delhivery is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. The company has reported positive financial results for the last four quarters, including a significant growth in profit after tax and a high operating profit to interest ratio. However, it faces challenges with weak long-term fundamental strength, as evidenced by a low return on equity and poor debt servicing capabilities.
In the broader market context, Delhivery's short-term return of 0.71% over the past week contrasts with the Sensex, which has declined by 0.62%. While the stock has performed well recently, it has underperformed against the benchmark over the last year and three years, with a return of -2.94% compared to the Sensex's gain of 4.07% in the same period. Despite high institutional holdings and a significant market cap, the stock's long-term growth prospects remain a concern, which may affect investor sentiment moving forward.