Why is Easy Trip Plann. falling/rising?

As of 29-Sep, Easy Trip Planners Ltd's stock is currently priced at Rs. 8.01, reflecting a decrease of Rs. 0.17 or 2.08%. The stock has been on a downward trend, having fallen consecutively for the last seven days, resulting in a total decline of 9.08% during this period. Additionally, the stock hit a new 52-week low of Rs. 7.99 today. Over the past year, the stock has generated a return of -54.03%, significantly underperforming against the benchmark Sensex, which has declined by only 6.08%. The company's financial performance has been troubling, with a reported net sales drop of 18.42% and a staggering 95.1% fall in profit after tax compared to previous quarters. This consistent underperformance, alongside a low debt-to-equity ratio and a fair valuation, has not been enough to instill investor confidence.
In the broader market context, Easy Trip Planners Ltd has seen a significant decline compared to the Sensex, which has gained 2.85% year-to-date, while the stock has plummeted by 49.53%. The travel services sector, in which the company operates, has also faced challenges, falling by 3.25%. Despite a rise in delivery volume indicating increased retail investor participation, the overall sentiment remains negative, exacerbated by a decrease in institutional investor stakes. This lack of confidence from institutional investors, who typically have more resources to analyze company fundamentals, further contributes to the stock's downward trajectory.