Why is Easy Trip Plann. falling/rising?

As of 11-Aug, Easy Trip Planners Ltd is experiencing a decline in its stock price, currently at Rs. 8.82, which reflects a decrease of -0.3 or -3.29%. The stock has hit a new 52-week low of Rs. 8.76 today and has been on a consecutive downward trend for the last six days, resulting in a total decline of -10.27% during this period. Over the past week, the stock has underperformed its sector by -3.24%. Additionally, the stock has shown significant underperformance against the benchmark, with returns of -55.39% over the past year compared to a modest gain of +1.13% for the Sensex. The company's financial health is concerning, as it has reported negative results for the last three consecutive quarters, including a -7.37% fall in net sales and a -58.7% drop in profit after tax.
Broader Market Context: In the context of the broader market, Easy Trip Planners Ltd's performance has been significantly weaker than the benchmark indices. While the Sensex has only declined by -0.51% over the past week, Easy Trip Planners has seen a much steeper decline of -9.26%. The company is facing a decrease in institutional investor participation, which has fallen by -1.23% in the last quarter, indicating a lack of confidence among more informed investors. Despite having a low debt-to-equity ratio and healthy long-term growth in net sales, the recent financial results and consistent underperformance against the benchmark suggest that investor sentiment remains negative, contributing to the stock's ongoing decline.