Why is Easy Trip Plann. falling/rising?

As of 21-Aug, Easy Trip Planners Ltd is experiencing a decline in its stock price, currently at 9.32, reflecting a decrease of 0.35 or 3.62%. The stock has underperformed its sector today by 5.3%, and while it is trading higher than its 5-day moving average, it remains below its 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a modest gain of 1.30%, but it has significantly underperformed over the longer term, with a year-to-date decline of 41.27% and a staggering 52.81% drop over the past year. The company has reported negative financial results, including a fall in net sales by 18.42% and a 95.1% decrease in profit after tax compared to the previous four-quarter average. Additionally, the stock's valuation appears expensive with a price-to-book value of 4.6, and institutional investors have reduced their stake, indicating a lack of confidence in the company's prospects.
In the broader market context, the stock's performance has been notably weaker than the benchmark, with the Sensex showing a positive return of 4.94% year-to-date, contrasting sharply with Easy Trip Planners' significant losses. The stock has consistently underperformed against the benchmark over the last three years, which has likely contributed to the declining investor sentiment. The overall market conditions appear to favor other investments, as evidenced by the stock's negative returns and the decrease in institutional investor participation, which suggests that more informed investors are moving away from Easy Trip Planners Ltd in light of its ongoing financial struggles.