Why is Easy Trip Plann. falling/rising?

As of 28-Jul, Easy Trip Planners Ltd's stock price is currently at Rs. 10.22, reflecting a decrease of Rs. 0.12 or 1.16%. The stock has been underperforming significantly, having fallen consecutively for the last seven days, resulting in a total decline of 4.75% during this period. Additionally, it recently hit a new 52-week low of Rs. 10.19. Over the past year, the stock has generated a return of -52.05%, while its net sales have decreased by 7.37%, and it has reported negative results for the last three consecutive quarters. The company also has a low debt-to-equity ratio and has experienced a decline in participation from institutional investors, which may further contribute to investor concerns about its financial health.
In the broader market context, Easy Trip Planners Ltd has underperformed against the benchmark Sensex, which has shown a decline of only 1.59% over the past week compared to the stock's 3.31% drop. This consistent underperformance over the last three years, coupled with a significant fall in profits and a high price-to-book value ratio, indicates that the stock is trading at an expensive valuation relative to its peers. The overall sentiment appears negative as the stock struggles to attract institutional investment, which typically indicates a lack of confidence in its future performance.