Why is Tiger Logistics falling/rising?

As of 31-Jul, Tiger Logistics (India) Ltd is currently priced at Rs 47.91, reflecting a decline of Rs 1.52 or 3.08%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 4.06%. Additionally, it has underperformed its sector by 2.06% today. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a strong financial performance with a 59.8% growth in net profit and positive results over the last four quarters, the recent price movement suggests that investor sentiment may be negatively impacted by falling delivery volumes and increased selling pressure.
In the broader market context, Tiger Logistics has shown a 1-week return of -1.01%, which is slightly better than the Sensex's decline of 1.22%. However, over the past month, the stock has significantly underperformed, with a drop of 14.55% compared to the Sensex's 3.00% decline. While institutional investors have increased their stake, indicating confidence in the company's fundamentals, the overall market sentiment appears to be weighing on the stock's performance. The stock's year-to-date decline of 31.66% contrasts sharply with the benchmark's positive return of 3.90%, further highlighting the challenges Tiger Logistics faces in the current market environment.