Why is Easy Trip Plann. falling/rising?

As of 16-Sep, Easy Trip Planners Ltd's stock price is currently at 8.69, reflecting an increase of 0.07 or 0.81%. The stock has shown a positive trend recently, gaining 2.12% over the last two days, although it has underperformed its sector by 0.45% today. Despite this short-term gain, the stock has experienced significant declines over longer periods, with a 58.77% drop in the past year and a staggering 66.55% decline over the last three years. The company has reported negative financial results consistently, including a 58.42% fall in net sales and a 95.1% drop in profit after tax compared to previous quarters. Furthermore, institutional investor participation has decreased, indicating a lack of confidence among more knowledgeable investors.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has underperformed the Sensex, which has risen by 1.58% over the past week and 2.21% over the past month. While Easy Trip Planners Ltd has shown some short-term gains, its long-term performance remains concerning, with a year-to-date decline of 45.24% compared to the Sensex's 5.43% increase. This consistent underperformance against the benchmark, coupled with declining sales and profits, suggests that the stock's recent rise may not be sustainable in the face of ongoing financial challenges.