Why is Mahindra Logis. falling/rising?

As of 09-Jul, Mahindra Logistics Ltd is experiencing a price increase, currently at Rs 380.75, reflecting a rise of Rs 13.6 or 3.7%. The stock has shown strong performance today, outperforming its sector by 2.71% and achieving consecutive gains over the last five days, with a total return of 11.56% during this period. It has also reached an intraday high of Rs 383.85. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 66.86% compared to the 5-day average. Despite a significant decline of 28.09% over the past year, the company’s profits have increased by 38.8%, and it is trading at a discount relative to its peers, which may contribute to its current upward movement.
In the broader market context, Mahindra Logistics Ltd has outperformed the Sensex, which has only gained 0.15% over the past week, while the stock has risen by 11.56%. However, the company has struggled in the long term, with a -7.41% CAGR growth in operating profits over the last five years and a high debt-equity ratio of 1.98 times, indicating potential financial instability. Institutional investors have also reduced their stakes, which could signal a lack of confidence in the company's long-term prospects. Despite these challenges, the stock's recent performance suggests that short-term factors, such as rising investor interest and attractive valuation metrics, are currently driving its price upward.