Why is Mahindra Logis. falling/rising?

As of 22-Sep, Mahindra Logistics Ltd is currently priced at 363.45, reflecting an increase of 1.15 (0.32%). The stock has been gaining for the last four days, with a total return of 3.25% over the past week. Despite opening down by 2% today, it reached an intraday high of Rs 370, indicating some volatility. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is generally a positive sign. However, the stock has underperformed significantly over the past year, with a return of -27.46%, despite a 37.1% increase in profits. The company's weak ability to service its debt, indicated by a poor EBIT to Interest ratio of 1.45, along with low profitability per unit of shareholders' funds, may be contributing to investor caution.
In the broader market context, Mahindra Logistics has outperformed the Sensex by 3.25% over the past week, while the benchmark index has only gained 0.46%. However, the stock's year-to-date performance shows a decline of 4.17%, contrasting with the Sensex's increase of 5.15%. This consistent underperformance against the benchmark over the last three years, combined with a high debt-equity ratio of 1.98 times and negative quarterly results, suggests that while there may be short-term gains, the long-term outlook remains challenging. The falling investor participation, with a significant drop in delivery volume, further indicates a lack of confidence among investors despite the recent price uptick.