Why is Snowman Logistic falling/rising?

As of 24-Jun, Snowman Logistics Ltd's stock price is currently at Rs 59.54, reflecting an increase of 1.29 or 2.21%. Today, the stock has shown a positive trend, gaining after three consecutive days of decline, and opened with a significant gap up of 3.64%. It reached an intraday high of Rs 60.5, outperforming its sector by 1.11%. However, the stock has underperformed over the past year with a return of -18.81%, while its profits have decreased by 55.2%. Despite an attractive valuation indicated by a ROCE of 3.7 and trading at a discount compared to peers, the company faces challenges such as weak debt servicing capabilities and low profitability, which may contribute to investor caution.
In the broader market context, the stock's performance over the past week shows a decline of 1.52%, while the Sensex has increased by 0.58%. Although the stock has gained in the short term, its year-to-date performance remains significantly negative at -16.02%, contrasting with the Sensex's positive return of 5.01%. This underperformance, coupled with a lack of domestic mutual fund investment, suggests that the market sentiment towards Snowman Logistics is cautious, potentially limiting its recovery despite today's gains.