Why is Easy Trip Plann. falling/rising?

As of 28-Aug, Easy Trip Planners Ltd's stock price is currently at Rs 8.49, reflecting an increase of Rs 0.06 or 0.71%. Despite this slight uptick, the stock has shown a significant decline over the past week and month, with returns of -8.91% and -16.93%, respectively. The stock is also trading close to its 52-week low, just 2.12% away from Rs 8.31. Although there has been a recent trend reversal with gains after four consecutive days of decline, the stock continues to trade below its moving averages across various time frames. The company's low debt-to-equity ratio and fair valuation metrics are overshadowed by a substantial drop in net sales and profits, which have fallen by -18.42% and -58.1%, respectively, over the past year.
In the broader market context, Easy Trip Planners has underperformed against the Sensex, which has seen a decline of only -2.34% over the past week and -1.00% over the past month. This consistent underperformance, coupled with a significant drop in institutional investor participation, indicates a lack of confidence in the stock's future prospects. The stock's year-to-date performance shows a staggering decline of -46.50%, further highlighting its struggles compared to the benchmark, which has gained 2.48% in the same period. Overall, while there are some positive indicators, the negative financial results and broader market trends suggest that the stock's recent rise may not be sustainable.