Why is Mahindra Logis. falling/rising?

As of 24-Sep, Mahindra Logistics Ltd is experiencing a decline in its stock price, currently at Rs 352.20, which reflects a decrease of Rs 6.9 or 1.92%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 3.11% during this period. Additionally, the stock's performance over the past week shows a slight decline of 0.97%, while it has seen a more significant drop of 29.60% over the past year. Despite a recent increase of 7.62% over the past month, the stock's overall performance remains concerning, particularly given its weak return on equity of 2.85% and a poor EBIT to interest ratio of 1.45, indicating challenges in servicing its debt.
In the broader market context, Mahindra Logistics has underperformed against the benchmark, the Sensex, which has shown a decline of 1.18% over the past week. The company's liquidity appears to be adequate, but there has been a notable decrease in investor participation, with delivery volume dropping by 48.61% compared to the five-day average. This decline in trading activity, combined with the company's weak long-term growth prospects and negative quarterly results, suggests that investor sentiment is currently bearish. Overall, the stock's consistent underperformance against the benchmark over the last three years further exacerbates the negative outlook for Mahindra Logistics Ltd.