Why is Patel Integrated falling/rising?

As of 17-Jul, Patel Integrated Logistics Ltd is experiencing a decline in its stock price, currently at 17.54, which reflects a decrease of 0.2 or 1.13%. Today's price summary indicates that the stock has underperformed its sector by 1.68% and has fallen after two consecutive days of gains. In the past week, the stock has decreased by 1.29%, while it has shown a positive return of 9.22% over the last month. Despite a significant rise in profits by 37.2% over the past year, the stock has generated a negative return of 29.32%, indicating weak long-term fundamental strength with a -0.25% CAGR growth in net sales over the last five years. The stock is trading at a premium compared to its peers, but its low return on equity of 6.2% and the lowest operating profit to net sales ratio further contribute to its recent price movement.
In the broader market context, the stock's performance has been notably weaker than the benchmark, with the Sensex showing a return of 0.83% over the past month and a positive return of 5.27% year-to-date, while Patel Integrated has struggled with a year-to-date decline of 18.11%. This underperformance is compounded by the fact that the stock has not only lagged behind the market over the last year but has also generated negative returns compared to the BSE500, which has seen a slight increase of 0.26%. The combination of weak fundamentals, high valuations relative to peers, and a lack of investor confidence is contributing to the stock's downward trajectory.