Why is Easy Trip Plann. falling/rising?

As of 02-Sep, Easy Trip Planners Ltd is currently priced at 8.42, reflecting an increase of 0.07 or 0.84%. Despite this recent uptick, the stock has shown significant underperformance over the past year, with a decline of 56.96%. In today's trading, the stock is close to its 52-week low, just 1.43% away from 8.30, and has been gaining for the last two days, with a total return of 1.08% during this period. However, it is trading below all its moving averages, indicating a bearish trend. The company has faced negative financial results, including a substantial drop in net sales and profits over the last four quarters, which has contributed to a lack of investor confidence. Additionally, institutional investors have reduced their stakes, further signaling a lack of support for the stock.
In the broader market context, Easy Trip Planners has underperformed the Sensex, which has seen a slight increase of 2.58% year-to-date, while the stock has plummeted by nearly 47%. Over the past month, the stock has decreased by 14.34%, contrasting with the Sensex's minor decline of 0.55%. The travel services sector, in which Easy Trip operates, has also faced challenges, falling by 2%. The overall market sentiment appears to be cautious, compounded by falling investor participation and liquidity issues, which may hinder the stock's ability to recover despite its recent minor gains.