Why is Mahindra Logis. falling/rising?

As of 23-Jul, Mahindra Logistics Ltd is experiencing a decline in its stock price, currently at Rs 358.60, reflecting a decrease of Rs 51.4 or 12.54%. Today's performance indicates that the stock opened significantly lower, with a loss of 12.04%, and reached an intraday low of Rs 352.25, marking a 14.09% drop. The stock has underperformed its sector by 13.35% today. Over the past week, it has seen a return of -8.05%, while its performance over the last year shows a substantial decline of -30.85%. Despite a recent increase in delivery volume by 34.69%, the company's weak financial indicators, including a poor EBIT to Interest ratio of 1.45 and a negative PAT of Rs -10.80 crore, contribute to investor concerns. Additionally, the stock's long-term growth prospects appear weak, with operating profit growth at only 8.29% over the last five years.
In the broader market context, the stock's short-term performance contrasts sharply with the benchmark, as it has underperformed the Sensex, which has gained 0.11% over the past week. The company's ability to attract institutional investors is also waning, with a decrease in their stake by 1.86% in the previous quarter, indicating a lack of confidence in the company's fundamentals. Furthermore, the stock's valuation appears to be at a discount compared to its peers, but this has not translated into positive market sentiment due to consistent underperformance against the benchmark over the last three years. Overall, the combination of poor financial performance, declining investor participation, and weak growth prospects is driving the stock's decline.