Why is Tiger Logistics falling/rising?

As of 18-Jul, Tiger Logistics (India) Ltd is experiencing a decline in its stock price, currently at Rs 53.51, down by Rs 1.06 or 1.94%. The stock has underperformed its sector by 1.17% today and has seen consecutive falls over the last two days, resulting in a total decline of 2.23%. Additionally, the stock touched an intraday low of Rs 53.25. In terms of performance over various periods, the stock has fallen 4.79% in the last week and 10.13% in the last month, while it has shown a significant year-to-date decline of 23.68%. Despite these short-term challenges, the company has reported strong financials, including a 59.8% growth in net profit and positive results for the last four consecutive quarters, which may support its long-term valuation.
In the broader market context, the benchmark Sensex has only declined by 0.90% over the past week and has gained 0.38% in the last month, indicating that Tiger Logistics is underperforming relative to the market. While the stock has generated a remarkable return of 49.93% over the past year, the recent short-term trends suggest a disconnect between its strong financial performance and current market sentiment. The falling investor participation, with a significant drop in delivery volume, further indicates a lack of confidence among investors, contributing to the stock's recent downward movement.