Why is Easy Trip Plann. falling/rising?

As of 18-Sep, Easy Trip Planners Ltd is currently priced at 8.81, reflecting a rise of 0.03 or 0.34%. The stock has been gaining for the last four days, with a total increase of 3.53% during this period, outperforming its sector by 2.58%. However, despite this recent uptick, the stock has shown a significant decline over the past year, with a return of -57.02%. The company has faced challenges, including a fall in net sales of -18.42% and negative results for the last four consecutive quarters, which have contributed to a decrease in profits by -58.1%. Additionally, the stock is trading at a discount compared to its peers, but the low debt-to-equity ratio and fair valuation suggest some underlying stability.
In the broader market context, Easy Trip Planners Ltd's short-term return of +2.68% over the past week has outperformed the Sensex, which increased by +1.80%. However, the stock has consistently underperformed against the benchmark over the last three years, with a staggering -66.09% return compared to the Sensex's +41.08%. The recent increase in stock price may be attributed to temporary market movements rather than a fundamental recovery, as institutional investors have reduced their stakes, indicating a lack of confidence in the company's long-term prospects.