Why is Easy Trip Plann. falling/rising?

As of 04-Jul, Easy Trip Planners Ltd's stock is currently priced at Rs 10.40, reflecting a decrease of Rs 0.02 or 0.19%. The stock is trading close to its 52-week low, being only 0.67% away from Rs 10.33. It has underperformed its sector by 3.87% today and is trading below all its moving averages, indicating a bearish trend. Over the past year, the stock has seen a significant decline of 50.49%, with a recent drop in net sales by 7.37% and negative results reported for the last three consecutive quarters. Despite a healthy long-term growth rate in net sales of 50.09%, the company's profitability has suffered, with a 58.7% fall in PAT compared to the previous four-quarter average, contributing to its current weak performance.
In the broader market context, Easy Trip Planners Ltd has underperformed against the benchmark, with a 1-month return of -5.28% compared to the Sensex's gain of 3.01%. The stock's year-to-date performance is also concerning, showing a decline of 34.47% against the Sensex's increase of 6.77%. This consistent underperformance over the last three years highlights the challenges the company faces in attracting investor interest, as evidenced by a significant drop in delivery volume by 48.08% against the five-day average. Overall, the combination of negative financial results, declining sales, and poor market performance has led to the stock's downward movement.