Why is Mahindra Logis. falling/rising?

As of 18-Sep, Mahindra Logistics Ltd is currently priced at 360.00, reflecting an increase of 4.35, or 1.22%. The stock has shown a positive trend recently, gaining 2.27% over the last two days, despite opening with a loss of 2.05% today and touching an intraday low of Rs 348.35. It has outperformed its sector by 1.28% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Although the stock has experienced a significant decline of 22.96% over the past year, it has seen a profit increase of 37.1%, indicating a potential for recovery. The stock is also trading at a discount compared to its peers' average historical valuations, which may attract investors looking for value.
In the broader market context, Mahindra Logistics has outperformed the Sensex over the past week and month, with returns of 9.42% and 10.79%, respectively, compared to the Sensex's 1.80% and 2.14%. However, the year-to-date performance shows a decline of 5.08% for Mahindra Logistics against a 6.24% increase in the Sensex, highlighting a mixed performance relative to the broader market. The falling investor participation, with a decrease in delivery volume by 3.86% against the 5-day average, could indicate some caution among investors despite the stock's recent gains. Overall, while the stock is experiencing a rise in price, the underlying factors suggest a cautious outlook amidst broader market trends.