Why is Destiny Logistic falling/rising?

As of 03-Jul, Destiny Logistics & Infra Ltd's stock price is currently at 97.75, reflecting an increase of 1.9, or 1.98%. The stock has shown strong performance recently, with a 5.96% increase over the past week and a remarkable 21.13% rise over the past month, significantly outperforming the Sensex, which has declined by 0.56% in the same week and increased by only 3.52% over the month. However, there is a notable decline in investor participation, with delivery volume dropping by 93.24% compared to the 5-day average. Despite this, the company has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 58.80% and operating profit at 42.08%. The stock has generated a substantial return of 215.32% over the past year, although it has faced challenges with flat results reported for March 2024.
In the broader market context, Destiny Logistics has outperformed the benchmark indices in both the short and long term, showcasing a strong market-beating performance over the last three years and one year. While the stock has risen recently, the overall market sentiment reflected by the Sensex has been more subdued, with a year-to-date return of only 7.45%. This contrast highlights the stock's resilience and appeal to investors despite the broader market fluctuations. However, the significant drop in delivery volume may raise concerns about future trading activity and investor confidence, which could impact the stock's performance moving forward.