Why is Mahindra Logis. falling/rising?

As of 25-Jul, Mahindra Logistics Ltd is experiencing a decline in its stock price, currently at Rs 349.25, which reflects a decrease of Rs 8.9 or 2.48%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total drop of 14.82% during this period. Today, it opened with a loss of 3.21% and reached an intraday low of Rs 339, marking a decline of 5.35%. Over the past year, the stock has generated a return of -32.99%, significantly underperforming the Sensex, which has seen a return of +1.78%. The company has shown weak financial indicators, including a low EBIT to Interest ratio of 1.45 and a Return on Equity of only 2.85%, suggesting low profitability and a challenging ability to service its debt.
In the broader market context, Mahindra Logistics Ltd's recent performance contrasts sharply with the benchmark, as it has underperformed the Sensex, which has only declined by 0.36% over the past week. The stock's liquidity appears to be decreasing, with a significant drop in delivery volume by 64.08% compared to the 5-day average. Although the stock is trading at a discount relative to its peers and has seen a profit increase of 37.1% despite its price decline, the overall sentiment remains negative due to poor long-term growth prospects and disappointing recent financial results, including a negative PAT of Rs -10.80 crore.