Why is Easy Trip Plann. falling/rising?

As of 04-Aug, Easy Trip Planners Ltd is experiencing a decline in its stock price, currently at Rs. 9.72, which represents a decrease of 0.1 or 1.02%. The stock has hit a new 52-week low of Rs. 9.68 today and has underperformed its sector by 2.14%. Over the past week, the stock has dropped by 4.89%, and it has shown a significant decline of 52.45% over the past year. Additionally, the company has reported negative results for the last three consecutive quarters, with a 7.37% fall in net sales and a 58.7% decrease in profit after tax compared to the previous four-quarter average. Despite a low debt-to-equity ratio and healthy long-term growth in net sales, the recent financial performance has led to falling investor participation, with a notable decrease in institutional investor stakes.
In the broader market context, the Sensex has shown a slight increase of 0.16% over the past week, contrasting with Easy Trip Planners' significant decline. The stock's performance has consistently underperformed against the benchmark over the last three years, highlighting a trend of negative returns compared to the BSE500. This underperformance, combined with a decrease in institutional investor participation, suggests a lack of confidence in the company's future prospects, contributing to the downward pressure on the stock price.