Why is Easy Trip Plann. falling/rising?

As of 07-Jul, Easy Trip Planners Ltd's stock is currently priced at Rs. 10.35, reflecting a decrease of -0.05 or -0.48%. The stock has recently hit a new 52-week low of Rs. 10.33 and has been on a downward trend, with a consecutive fall over the last two days resulting in a total decline of -0.67%. In terms of performance, the stock has underperformed significantly, with a 1-year return of -50.48%, while the benchmark Sensex has gained 4.31% over the same period. The company has reported negative results for the last three consecutive quarters, including a -7.37% drop in net sales and a -58.7% decline in profit after tax compared to the previous four-quarter average. Despite having a low debt-to-equity ratio and a healthy long-term growth rate in net sales, these negative financial indicators have contributed to the stock's recent decline.
In the broader market context, the stock's short-term performance has been notably poor, with a 1-week return of -1.52% compared to the Sensex's slight decline of -0.20%. The travel services sector, in which Easy Trip Planners operates, has also experienced a downturn, falling by -3.89%. Additionally, there has been a decrease in investor participation, with delivery volume dropping by -27.75% against the 5-day average, indicating waning interest in the stock. Overall, the combination of consistent underperformance against the benchmark, negative financial results, and a declining sector has led to the stock's current downward trajectory.