Why is Last Mile Enter. falling/rising?

As of 01-Jul, Last Mile Enterprises Ltd is experiencing a decline in its stock price, currently at Rs 21.74, which reflects a decrease of Rs 1.44 or 6.21%. The stock has underperformed its sector by 6.07% today and has fallen after two consecutive days of gains. It reached an intraday high of Rs 24 but also touched a low of Rs 21.25, indicating high volatility with a wide trading range of Rs 2.75. In terms of performance over different periods, the stock has shown a significant decline year-to-date of 37.36% and a staggering 72.13% drop over the past year, despite a strong 294.56% increase over the last three years. The delivery volume has seen a notable rise of 770.75% against the five-day average, suggesting increased investor participation, although the absence of specific positive or negative factors limits a comprehensive analysis of recent movements.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 2.00% over the past week and 7.11% year-to-date, Last Mile Enterprises Ltd's short-term performance is notably weaker, with a 9.52% increase over the past week but a 3.63% decline over the past month. The stock's performance indicates a struggle to maintain momentum in a generally positive market environment, as reflected by the Sensex's upward trends. The current price movement and volatility suggest that investor sentiment may be cautious, particularly given the stock's significant long-term declines despite recent short-term gains.