Why is Tiger Logistics falling/rising?

As of 21-Aug, Tiger Logistics (India) Ltd is experiencing a decline in its stock price, currently at 44.72, reflecting a decrease of 0.46 or 1.02%. The stock has underperformed its sector by 0.95% today and has fallen after two consecutive days of gains. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the delivery volume has decreased by 6.3% compared to the 5-day average, suggesting a drop in investor participation. Over the past month, the stock has seen a significant decline of 14.85%, while its year-to-date performance shows a substantial drop of 36.21%. Despite positive financial results over the last five quarters, including a 53.56% growth in net sales and a 28.75% increase in profit after tax, the stock's valuation remains high compared to its peers, which may be contributing to the recent price decline.
In the broader market context, the Sensex has increased by 1.74% over the past week, contrasting with Tiger Logistics' modest gain of 0.27% during the same period. This underperformance against the benchmark highlights the stock's struggles despite some positive indicators, such as a high return on capital employed (ROCE) of 30.19% and increased institutional investor participation, which has risen by 2.04% in the last quarter. However, the overall negative sentiment surrounding the stock, reflected in its significant year-to-date decline and lower trading volumes, suggests that investors may be cautious, leading to the current downward price movement.