Why is Mahindra Logis. falling/rising?

As of 07-Jul, Mahindra Logistics Ltd is experiencing a price increase, currently at Rs 357.45, reflecting a rise of 5.45 (1.55%). The stock has shown a positive trend, gaining 4.73% over the last three days and outperforming its sector by 1.7% today. Additionally, the stock has performed well over the past week with a return of +6.26%, although it remains down -5.75% year-to-date and -31.30% over the past year. The company has an attractive valuation with a return on capital employed (ROCE) of 4.8, and it is trading at a discount compared to its peers. However, it faces challenges such as weak long-term fundamental strength and a high debt-equity ratio of 1.98 times, which may impact investor confidence.
In the broader market context, while Mahindra Logistics has outperformed the Sensex in the short term, with a 1-week return of +6.26% compared to the benchmark's -0.20%, it has consistently underperformed over the longer term, with a -31.30% return in the past year against the Sensex's +4.31%. The recent increase in investor participation, indicated by a 13.63% rise in delivery volume, suggests some renewed interest in the stock. However, the decline in institutional investor stakes by -1.86% raises concerns about the stock's long-term viability, as these investors typically have more resources to assess the company's fundamentals.