Why is Maheshwari Logi. falling/rising?

As of 30-Oct, Maheshwari Logistics Ltd is experiencing a decline in its stock price, currently at 55.38, which reflects a decrease of 0.73 or 1.3%. The stock is trading close to its 52-week low, just 3.36% away from 53.52, and has underperformed its sector by 0.72% today. Over the past week, the stock has decreased by 1.62%, and its performance over the last month shows a decline of 2.64%. Additionally, the stock has been consistently trading below its moving averages across various time frames, indicating a bearish trend. Despite some positive financial indicators, such as a significant increase in profits and a favorable PEG ratio, the stock's long-term fundamentals are weak, with a high debt-to-EBITDA ratio and low return on equity, contributing to its recent price movement.
In the broader market context, Maheshwari Logistics Ltd has underperformed relative to the Sensex, which has gained 5.15% over the past month while the stock has declined. The company's year-to-date performance shows an 8.33% drop, contrasting sharply with the Sensex's 9.44% increase. This disparity highlights the stock's struggles in attracting investor interest, as evidenced by a significant drop in delivery volume, which fell by 35.99% against its five-day average. Overall, the combination of weak short-term performance, declining investor participation, and unfavorable long-term fundamentals suggests that the stock's price is falling due to a lack of confidence among investors.