Why is Delhivery falling/rising?

As of 06-Nov, Delhivery Ltd's stock price is currently at 441.10, reflecting a decline of 43.85 points or 9.04%. Today's price summary indicates that the stock has underperformed its sector by 7.16% and opened with a loss of 3.69%. It has experienced a trend reversal after two consecutive days of gains, reaching an intraday low of Rs 436.5, which is a 9.99% drop. Over the past week, the stock has decreased by 7.21%, while its one-month performance shows a decline of 4.68%. Despite a strong year-to-date return of 27.43% and a one-year return of 24.25%, the company is facing challenges such as poor management efficiency, indicated by a low return on equity of 0.12% and a significant quarterly loss of Rs -50.38 crore, which has fallen by 201.4% compared to the previous four-quarter average.
In the broader market context, the Sensex has only declined by 1.30% over the past week, suggesting that Delhivery's performance is lagging behind the benchmark. While the stock has shown strong institutional support with holdings at 83.7% and a healthy long-term growth rate in operating profit, the recent negative operating profits and low profitability per unit of shareholder funds are raising concerns among investors. The stock's liquidity remains adequate for trading, but the overall market sentiment appears cautious, especially given the company's recent financial struggles and the significant drop in its stock price today.