Why is Delhivery falling/rising?

As of 29-Jul, Delhivery Ltd's stock price is currently at Rs 422.25, reflecting a decrease of Rs 6.45 or 1.5%. The stock has underperformed its sector today by 1.41%, reaching an intraday low of Rs 414, which is a decline of 3.43%. Over the past week, the stock has decreased by 3.65%, while it has shown a positive return of 10.25% over the last month. Despite the recent decline, the company has reported positive results for the last four consecutive quarters, with a significant growth in profit after tax and strong operational metrics. However, the stock's long-term fundamental strength is weak, evidenced by a low return on equity and poor growth in net sales over the past five years, which may be contributing to the current price drop.
In the broader market context, Delhivery's recent performance contrasts with the Sensex, which has only declined by 1.03% over the past week. The stock's year-to-date return of 21.98% is significantly higher than the Sensex's 4.09%, indicating that while the stock has performed well in the longer term, it is currently facing challenges. The high institutional holdings suggest confidence in the company's fundamentals, yet the weak long-term growth prospects and negative operating profits may be causing investors to reassess their positions, leading to the recent price decline.