Why is Easy Trip Plann. falling/rising?

As of 23-Jul, Easy Trip Planners Ltd is experiencing a decline in its stock price, currently at Rs 10.43, reflecting a decrease of -0.06 or -0.57%. The stock has been underperforming, with a consecutive fall over the last four days resulting in a total decline of -2.8%. It is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, just 1.44% away from Rs 10.28. The company has reported negative results for the last three consecutive quarters, with a significant fall in net sales of -7.37% and a decline in profit before tax and profit after tax compared to previous averages. This consistent underperformance, coupled with a decrease in institutional investor participation, has contributed to the stock's downward movement.
In the broader market context, Easy Trip Planners Ltd has underperformed against the benchmark, with a 1-week return of -1.88% compared to a slight gain of +0.11% for the Sensex. Over the past year, the stock has generated a return of -50.59%, significantly lagging behind the benchmark's +2.86% return. This consistent underperformance over the last three years, combined with a high price-to-book value ratio and falling investor confidence, suggests that the stock is facing challenges that are not aligned with the overall market trend.