Why is Delhivery falling/rising?

As of 24-Sep, Delhivery Ltd's stock price is currently at 458.30, reflecting a decrease of 0.3, or 0.07%. The stock has been experiencing a consecutive decline over the past four days, resulting in a total drop of 5.34%. Despite this recent downturn, the stock has outperformed its sector by 1.47% today. Over the past week, Delhivery's performance has been notably negative, with a decline of 5.07%, while it has shown a year-to-date increase of 32.40%. The company has reported strong financial results, including a 77.25% growth in net profit and positive results for the last five consecutive quarters, which may have contributed to investor interest. However, the stock's long-term fundamentals are weak, with a low average return on equity and poor growth in net sales, which raises concerns among investors.
In the broader market context, Delhivery's recent performance contrasts with the benchmark Sensex, which has only declined by 1.18% over the same week. The stock's liquidity remains adequate, with a delivery volume increase of 44.51% against the five-day average, indicating rising investor participation. However, the stock's long-term growth prospects are hindered by a weak ability to service debt and negative operating profits, making it a risky investment compared to historical valuations. Overall, while Delhivery has shown strong short-term performance relative to its sector, the recent price decline reflects ongoing concerns about its long-term fundamentals and market conditions.